Project Size:
2 projects, 993.6 kW each
Location:
Somerset, NJ
Completion:
2022
Impact:
Combined, the two projects will generate approximately 2.6 MWh of clean energy annually and offset approximately 1.8 metric tons of CO2 each year.
Brief
Dynamic Energy designed and developed two 993.6 kW rooftop commercial solar projects for The Ferrero Group at their facility in Somerset, New Jersey. Combined, these projects are expected to generate more than 2.6 MWh of clean energy annually and offset approximately 1.8 metric tons of CO2 each year. The power produced by the systems is expected to offset approximately 46% of the facility’s annual electricity consumption. The system is owned and operated by DSD Renewables (DSD), a distributed energy solution provider.
When developing the project, Dynamic Energy mobilized swiftly to ensure the projects successfully met an important state incentive deadline, enabling Ferrero to achieve the best economics possible.
About Ferrero Group
For over 70 years, Ferrero has created products loved by generations. They have grown from a bakery in Alba, Italy into the third largest confectionery company in the world. Ferrero entered the North American market in 1969 and continues to spread joy with Ferrero Rocher®, Nutella®, Kinder®, Tic Tac® and Fannie May® chocolates. Ferrero Group expanded its portfolio in 2018 with the addition of Butterfinger®, CRUNCH®, Baby Ruth®, 100Grand® and other legendary chocolate brands.
Ferrero is a family-owned company with 3,000 employees in eight offices and ten plants and warehouses in North America, including a cocoa processing plant in Brantford, Ontario and a planned chocolate processing factory in Bloomington, Illinois. Instilled in every aspect of our business is the entrepreneurial spirit of our founders, and their passion for quality, creativity, and innovation.
About DSD Renewables
DSD Renewables (DSD) is transforming the way organizations harness clean energy while building a more sustainable future. With unparalleled capabilities including development, structured financing, project acquisition and long-term asset ownership, DSD accelerates the deployment of renewable energy resources and creates significant value for our commercial, industrial, and municipal customers and partners. Backed by world-leading financial partners, our team brings a distinct combination of ingenuity, rigor, and accountability to every project we manage, acquire, own, and maintain.