Simon Property Group Completes PV System at The Shops at Mission Viejo

SolarBuzz: "Mission Viejo, CA, USA: Simon Property Group Completes PV System at The Shops at Mission Viejo
Simon Property Group, Inc., the country's largest owner, developer and manager of high quality retail real estate, has just last month completed the largest solar installation by a mall owner in the U.S. Simon Property Group entered into a power purchase agreement with Element Markets, a Houston-based developer of clean energy, for the output of a 173kW solar facility on the roof of The Shops at Mission Viejo in Mission Viejo, California.
'This is an exciting project that will help us gain valuable experience with solar installations,' said George Caraghiaur, vice president of energy services at Simon. 'As the solar industry matures and technological improvements continue to drive down the cost of installations, we expect that solar renewable energy purchases will become a cost-effective component of our sustainability strategy. We chose to partner with Element Markets as they are a leader in the field of renewable energy and carbon management.'"