Soltas Energy of New York today announced the completion of its 761 KW solar power plant in Lawrence, Massachusetts, its fifth of nine currently underway in the Commonwealth, and its third power plant in Lawrence alone.
Key Polymer has collaborated with Soltas Energy Corporation to create this 761 KW solar power plant on the existing roof of Key’s 165,000 square foot manufacturing and corporate headquarters building, Soltas Energy will sell the reliable, clean solar electricity to Key Polymer for 40 years.
Bob Baker, Key Polymer’s President stated, “Key Polymer will enjoy a substantial electrical cost savings and is insulated from future electricity cost shocks”. Baker, who is also the longtime President of the Lawrence Industrial Parks Business Association said that he is very proud to have the first building in the Park to be powered by clean solar energy which will serve as a working example for Association members.
About Key Polymer
Key Polymer, founded in 1959, manufactures a broad range of custom formulated and toll manufactured adhesives, coatings and other chemical compounds. Technologies include epoxy adhesives, wax butyl rubber blends, and epoxy or urethane potting & encapsulating products. Since inception, Key Polymer has successfully partnered with its customers to provide unique and responsive products for their specific requirements.
About Soltas Energy
Soltas Energy Corporation is a national leader building, owning and operating solar power plants. Soltas Energy pays for the power plants, which deliver clean, renewable energy to clients and reduce their energy costs.