“Phoenix Park is committed to driving the Massachusetts green industry forward by hiring stellar local businesses for its green building and renewable energy initiatives,” Eric Shapiro, managing partner of Phoenix Park, said. “By targeting leading innovative green companies as tenants, we’re creating a valuable network and hub for this burgeoning industry.”
The system is expected to offset about 50% of the total electrical load at the location. Over the lifetime of the system it will offset over 950,000 pounds of carbon dioxide or the equivalent of planting 52,000 trees and eliminating the burning of over 9,800 gallons of gasoline each year.
The falling price of solar panels, partial funding from the Massachusetts Renewable Energy Trust, and a combination of business tax credits helped make this investment possible for Phoenix Park.
