Sustainability and Environmental Protection for Sportlifestyle Leader, Giving Rise to One of the Largest Solar Energy Projects in Los Angeles County
Over 8,500 high efficiency solar panels coupled with outstanding engineering in greater Los Angeles Facilities Installed for PUMA North America
LOS ANGELES--(BUSINESS WIRE)-- PUMA North America and Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering and construction of solar power systems for commercial, government and utility markets globally, jointly announced today the completion of a 1.9 megawatt (MW) solar energy system in greater Los Angeles. The two Brookvale International buildings, in Carson and Torrance, are part of PUMA North America’s warehouse and distribution facilities.
The high performance solar installations have used over 8,500 high efficiency solar photovoltaic (PV) panels covering nearly 340,000 square feet of roof-top area converting them into clean energy producing sites. The light-gauge steel, customer designed racking system, designed and installed by Premier Power, allowed to optimize roof space while used fewer ballast blocks than traditional system. Given the optimal design of the roof-mounted solar system, Puma will receive the advantageous electricity production, which will allow them to stabilize long-term electricity rates, ultimately benefiting its customers, employees and the local communities.
“PUMA is certainly a significant trendsetter in sportlifestyle, a true leader in sustainability and environmental concerns and now with the solar power installations, a true advocate of renewable energy helping shape consumers’ and suppliers’ minds to a much greener supply chain,” said Dean Marks, Chief Executive Officer at Premier Power. “Our engineering team designed this unique racking system as a solution out of our European operations and felt that the design and capabilities provided the best option for meeting the site characteristics and production needs of PUMA.”
“PUMA’s mission is to be the most desirable and sustainable SportLifestyle company in the world,” said Helmut Leibbrandt, Senior Vice President of Operations at PUMA North America. “The solar energy system installed in our California facilities continues to reinforce our beliefs and principles.”
ABOUT THE SYSTEM
The solar system installation consists of 8,547 high efficiency solar PV panels, equal to approximately 380 residential solar systems, based on median residential solar system size in 2010. The solar arrays cover approximately 340,000 square feet of roof space. Premier Power designed and engineered the solar systems to produce approximately 2.2 million kilowatt-hours (kWh) of electricity annually. For comparison, the electricity generated onsite will be approximately enough to offset the annual carbon monoxide emission of 243 California homes or avoiding the annual carbon monoxide emission from using 4,662 barrels of oil or 225,501 gallons of gasoline.
ABOUT PUMA
PUMA is one of the world’s leading Sportlifestyle companies that designs and develops footwear, apparel and accessories. It is committed to working in ways that contribute to the world by supporting Creativity, SAFE Sustainability and Peace, and by staying true to the principles of being Fair, Honest, Positive and Creative in decisions made and actions taken. PUMA starts in Sport and ends in Fashion. Its Sport Performance and Lifestyle labels include categories such as Football, Running, MotorSport, Golf and Sailing. Sport Fashion features collaborations with renowned designer labels such as Alexander McQueen, Mihara Yasuhiro and Sergio Rossi. The PUMA Group owns the brands PUMA, Cobra Golf and Tretorn. The company, which was founded in 1948, distributes its products in more than 120 countries, employs more than 9,000 people worldwide and has headquarters in Herzogenaurach/Germany, Boston, London and Hong Kong. For more information, please visit http://www.puma.com
ABOUT BROOKVALE INTERNATIONAL / CAL CARTAGE
Beginning in 2007, Brookvale International, a sister company of California Cartage Company, partnered with PUMA to handle their distribution needs. Within this partnership, Brookvale International operates two automated PUMA warehouses: 180,000 square feet for apparel and 300,000 square feet for footwear. Since 1944 when California Cartage Company made its first delivery, it has become an industry leader in trucking, warehousing, and deconsolidation. With its six logistics companies, Cal Cartage operates over 1,200 trucks and over 4.25 million square feet of warehouse space throughout the United States and Mexico. Like PUMA, Cal Cartage is dedicated to significantly reducing their carbon footprint. In addition to the 340,000 square feet of solar panels at the two PUMA warehouses, Cal Cartage operates the largest fleet of green trucks in the Los Angeles and Long Beach harbors, including LNG, CNG, and clean diesel trucks. Please visit www.calcartage.com to learn more about Cal Cartage and Brookvale International.
ABOUT PREMIER POWER
Premier Power Renewable Energy, Inc. currently maintains offices in the U.S., Italy, Spain, and the Czech Republic. Premier Power uses its global experience to develop and maintaining the industry best practices and cutting edge innovation. Premier Power is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial, governmental and residential customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com
FORWARD-LOOKING STATEMENTS
This release contains certain 'forward-looking statements' relating to the business of Premier Power Renewable Energy, Inc. (“Premier”), which can be identified by the use of forward-looking terminology such as 'believes,' 'expects' or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to reliance on a limited number of customers, market demand, cyclical nature of our markets, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on Premier's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting Premier will be those anticipated by Premier. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. Premier undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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