Planet Aid enlisted the expertise of FireFlower to research and implement construction of the project. Entrepreneur Kathleen C. Doyle, CEO and founder of FireFlower, has extensive expertise in solar, wind, and biofuel development, combined with over 20 years of experience in commercial real estate.
Planet Aid is extremely excited by this development, as it is helping the nonprofit fulfill its mission to mitigate global warming and protect the environment. The array is also providing an additional source of revenue, which will help reduce the charity’s operational costs. More broadly, Planet Aid collects and recycles unwanted textiles to reduce waste and increase the efficient use of vital resources, which helps to reduce greenhouse gas emissions. The net proceeds from the clothing collection help to fund sustainable development in Africa, Asia, and Latin America.
The solar array is net metered and interconnected to the grid, generating renewable power with an estimated annual market value of over $130,000. Additionally, the sale of Solar Renewable Energy Certificates (SRECs) will generate income to help finance the system for Planet Aid. Planet Aid is selling the net metering credits generated by the solar array to the City of Quincy, saving the City an estimated $640,000 over the life of the solar panels.
FireFlower helps businesses profitably invest in America’s energy independence. FireFlower invests in and develops renewable energy in the Northeast and can help site owners, commercial energy users, and the financial community collaborate to get real projects built. For more information about FireFlower, visit www.fireflower-alternative-energy.com.
Planet Aid is a U.S. 501 (c)(3)…