March 31, 2014 - Borrego Solar Systems, Inc. and the San Diego County Regional Airport Authority today announced a partnership to develop a 3.3-megawatt (MW) solar system featuring solar panel arrays on the roof of the newly expanded Terminal 2 West at San Diego International Airport (SDIA) and in a section the Terminal 2 short-term parking lot adjacent to terminal. Borrego Solar will break ground on the project in mid-2014, with an estimated completion date in late 2014.
The system will generate an estimated 5.3 million kilowatt-hours (kWh) of electricity in its first year of operation – enough power to offset a projected 10%-13% of the energy needs for Terminals 1 and 2 at SDIA.
Borrego Solar will build and finance the system through a 20-year power purchase agreement (PPA), which will save the Airport Authority a projected $3 million to $8 million over the contract period. Using a PPA, the Airport Authority is able to ‘go solar' at no upfront cost and will purchase clean solar energy at a cost less than it would otherwise pay to the local utility.
"This solar project – the first at the airport – will be a noteworthy and visible highlight of our ongoing commitment to sustainability," said Thella F. Bowens, president and CEO of the San Diego County Regional Airport Authority, owner and operator of SDIA. "By partnering with Borrego Solar, we will boost our sustainability efforts with clean energy generation, providing environmental benefits to the region and financial savings to the Airport Authority. And we're happy to be working with a company that is a local San Diego success story, employing local workers in construction of this project."
"As a San Diego-based company who makes extensive use of the airport, we are especially proud and excited to be partnering with SDIA on their first major solar project," said Borrego Solar CEO Mike Hall. "This project will be a great complement to the energy reduction initiatives the airport has already undertaken and will show others in the region that the technology exists for large energy users to make a cost-effective switch to reliable on-site solar energy."