Jan 18, 2022 09:00 CST
January 18, 2022 (Newswire.com) –
Verde Solutions, LLC, a full-service renewable energy developer headquartered in Chicago, is partnering with the K.R. KOMAREK Inc. to install a solar energy system on its new manufacturing facility in Wood Dale, IL. This photovoltaic system is estimated to save $1.6 million in energy costs over its lifespan, have a 2.9-year payback period, and a 21.8% internal rate of return (IRR).
KOMAREK is an industry leader in designing and manufacturing briquetting, compaction, and granulation machines. Its newly renovated Wood Dale facility is 44,000 square feet and included manufacturing and lab spaces. The rooftop solar installation is scheduled to be completed by early Spring 2022.
Verde Solutions designed the solar system to take advantage of numerous solar incentives, dramatically reducing the net…