Arno Harris, CEO of Recurrent Energy, cites EPA statisticsshowing that electricity usage is the single largest source ofcarbon emissions for commercial buildings. "By tapping the solarpotential of empty rooftops, owners of large commercial real estateportfolios, such as REITs, have a unique opportunity to quickly andeffectively reduce their greenhouse gas emissions," Harrissays.
Recurrent Energy's research shows that landlords ownapproximately 8.5 billion sf of commercial rooftops nationwide. Ofthis figure, about 5.5 billion sf is considered suitable forphotovoltaic installations because the roofs are flat and free ofshading.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
