Ultrachem, INc. goes Solar
Established in 1965, Ultrachem is one of the oldest specialty synthetic lubricant compounders and has become a leading supplier to the OEM and industrial maintenance markets. Ultrachem partnered with EnterSolar to develop a 185 kilowatt (kW) rooftop solar photovoltaic system for Ultrachem's corporate headquarters located in New Castle, Delaware. The solar system will provide all of the facility's annual electricity requirements.
Solar Photovoltaic System Specifications & Environmental Benefits
The state-of-the-art solar system features Delaware-manufactured MOTECH solar panels, two central inverters and a string-level data acquisition system. The system is expected to produce over 200,000 kilowatt hours per year or roughly the amount of electricity needed to power 30 homes annually.
The environmental benefits of generating clean power are equivalent to saving over 15,100 gallons of gasoline a year and planting 127 acres of forests. This solar system will allow Ultrachem to avoid 294.520 lbs of carbon dioxide emissions a year.
Significant Financial Returns through Solar
The Ultrachem system is interconnected to the New Castle Municipal Services Commission's utility system and is among the largest solar photovoltaic systems in the New Castle area. The project was a part of the Delaware SREC Pilot Program, and as a result, it benefits from a long-term fixed price sales contract with Delmarva for all of the system's solar renewable energy credits ("SRECs"). EnterSolar’s expertise in optimizing system design and solar project financing made going solar a sound capital investment for Ultrachem.