Nader Yarpezeshkan, director of corporate development for Cenergy Power, pointed out that solar panels can be subsidized to a large degree by tax credits and other incentives, and that the system can pay for itself in less than five years.
Gill said he started looking into new technology many years ago when he realized that, “When we peel onions, we lose about 35% of the onion.”
The $11 million Advanced Energy Recovery System previously installed provides 600 kilowatts of electricity, enough to power 460 homes, he said. Power comes from methane gas produced by onion waste.
Duda said it’s important that sustainable technology make economic sense.
“In our mind, ‘sustainable’ has to have a green impact but also be financially sound, otherwise it’s not sustainable — you’re just spending money to feel good,” he said.
The new solar panel project will offset 40% of the company’s energy costs year-round, he said.