Konica Minolta and Nautilus Solar Set to Launch Project Sunway
Ribbon Cutting for Solar Panel Carport Canopies at Konica Minolta Headquarters in Ramsey, NJ
Ramsey, N.J. – October 8, 2013 – Working towards the goals of offsetting greenhouse gas emissions and promoting effective use of the Earth’s limited resources, Nautilus Solar Energy, LLC (Nautilus Solar) and Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announce that the formal ribbon cutting of “Project Sunway” – a 967,000 kWh solar energy system installed in the parking lots of Konica Minolta’s headquarters in Ramsey, NJ – will take place on October 15, 2013.
The goal of the joint venture is to provide an alternative energy source to the Konica Minolta offices and promote corporate sustainability efforts. Nautilus Solar will be the owner and provider of a photovoltaic system comprised of carport canopies supporting approximately 3,498 240 – Watt solar panels. Project Sunway will produce 15-18 percent of the energy needs for the buildings. Based on standards set by the U.S. Environmental Protection Agency, this project will offset the CO2 emissions from 132 passenger vehicles, or the electricity used by 84 homes per year.
Project Sunway is part of the long-term environmental vision from parent company Konica Minolta, Inc. – Eco Vision 2050. This vision is guided by three main goals for the year 2050: reduce CO2 emissions throughout the product life cycle by 80% compared to 2005 levels; promote recycling and effective use of Earth’s limited resources; and work to promote restoration and preservation of biodiversity. As part of this vision, Konica Minolta Business Solutions U.S.A., Inc. has a management strategy focused on Corporate Social Responsibility (CSR) and the Nautilus Solar project is part of sustainability initiatives within this strategy.
”Nautilus Solar is proud to partner with Konica Minolta on this flagship project. The distributed solar market is expanding rapidly throughout North America and Nautilus Solar is expanding our market reach through strategic channel partnerships with forward thinking organizations like Konica Minolta” says James M. Rice, CEO, Nautilus Solar.
Attending the ribbon cutting ceremony at 10:30 am in front of the Konica Minolta Corporate offices at 100 Williams Drive, Ramsey, N.J., will be: Tom Taiko, chairman and CEO, Konica Minolta; Rick Taylor, president and COO, Konica Minolta; James M. Rice, CEO, Nautilus Solar, and Ramsey, N.J. Mayor Chris Botta.
“Project Sunway exemplifies Konica Minolta’s commitment to environmental sustainability and is an exciting step towards achieving the goals laid out in the long term environmental plan, Eco Vision 2050,” says Tom Taiko, Chairman and CEO, Konica Minolta Business Solutions U.S.A., Inc. “Project Sunway will help reduce our overall electricity usage and demonstrate how customers can count on Konica Minolta to be an environmentally-conscious document management solutions provider.”
About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc. is a leader in advanced document management technologies and IT Services. The company focuses on complete business solutions including production print systems, digital presses, multifunctional products (MFPs), managed print services, vertical application solutions and related services and supplies. Konica Minolta has won numerous awards and recognition including being recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for six consecutive years, and “A3 MFP Line of the Year” award winner from Buyers Laboratory LLC for three consecutive years. In 2012, Konica Minolta received “Document Imaging Solutions Line of the Year” recognition from BLI. The company has also been named to the Dow Jones Sustainability World Index for two years in a row. For more information, please visit www.CountOnKonicaMinolta.com and follow Konica Minolta on Facebook, YouTube, and Twitter.
About Nautilus Solar
Founded in 2006, Nautilus Solar is a leading independent solar power producer headquartered in Summit, New Jersey. Nautilus Solar develops, constructs, finances, owns and operates distributed generation and utility-scale solar electric systems. The company sells its generated electricity through long-term power purchase agreements and has projects in NJ, NY, CA, CT, MD, FL and Canada, with approximately 96 MW owned and managed. Nautilus Solar is majority-owned by an investment affiliate of Starwood Energy Group Global, LLC, based in Greenwich, Conn.
Konica Minolta Business Solutions U.S.A., Inc.
Nautilus Solar Energy, LLC
# # # # #
Konica Minolta bizhub® is a registered trademark of Konica Minolta, Inc. All other trademarks mentioned in this document are the property of their respective owners