Denver-based ProLogis, the world's largest owner of industrialproperties, is the first participant in the SCE initiative. Butthis is not ProLogis' first foray into utilizing rooftop realestate for solar panel installation, and it certainly is not itslast. Roof-mounted solar panels are in place at ProLogis ParkChanteloup in France and at ProLogis Park Penedes in Spain. TheEuropean agreements are different from the one in California. DrewTorbin, manager of sustainability for ProLogis, tells GlobeSt.com,"we own the solar array at the European locations under afeed-in-tariff agreement."
Under the agreement, ProLogis sells the electricity to customersin Europe. Thus, the firm profits from the sales in the same way autility company would.
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