Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

University of Maryland Medical System, Constellation and BITHENERGY Celebrate Completion of 3.66-Megawatt Solar Generation



  University of Maryland Medical System, Constellation and BITHENERGY
  Celebrate Completion of 3.66-Megawatt Solar Generation Project

     Grid-connected solar installation supports UMMS sustainability goals

Business Wire

BALTIMORE -- April 22, 2013

University of Maryland Medical System (UMMS), Constellation and BITHENERGY
today announced the completion of a 3.66-megawatt DC, grid-connected, solar
generation project in Somerset County, Md.

The 3.66-megawatt grid-connected, solar energy project for the University of
Maryland Medical System ...

The 3.66-megawatt grid-connected, solar energy project for the University of
Maryland Medical System will generate an estimated 4.7 million kilowatt-hours
of electricity annually. (Photo: Constellation)

In honor of the project’s completion, a celebration and ribbon-cutting were
held today as part of Earth Day activities at the University of Maryland
Medical Center in Baltimore. Representatives from UMMS, Constellation,
BITHENERGY, and state and local government were on hand for the event,
including state Sen. Catherine E. Pugh (Baltimore City), and Ted Atwood,
division chief of the energy office for the Baltimore City Department of
General Services.

“The generation of solar energy, coupled with renewable energy credits, not
only makes good business sense but exemplifies our commitment to innovation,”
said Robert A. Chrencik, president and chief executive officer of UMMS.
“Making a positive difference in the communities that we serve goes beyond
delivering excellent health care; we must also be good stewards of our
environment and resources.”

The electricity generated by the solar panels is purchased by UMMS under a
20-year power purchase agreement with BITHENERGY. As part of its purchase
agreement, UMMS receives Solar Renewable Energy Credits that help satisfy
Maryland’s Renewable Energy Portfolio Standard requirements, and in the
process serves as a role model for the adoption of clean, sustainable,
renewable energy.

The solar project was initially developed by BITHENERGY, Chesapeake Renewable
Energy and Smart Energy Capital. Belectric, Inc., provided engineering,
procurement and construction services. Constellation financed, owns and
operates the solar power system.

“The UMMS project is part of BITHENERGY’s overall business mission to provide
renewable energy options to healthcare, non-profit, and educational
institutions throughout the mid-Atlantic region,” said Robert L. Wallace,
president and CEO of BITHENERGY. “I am extremely grateful that the visionary
leaders at UMMS had enough faith in our team to entrust us with the
responsibility to complete this solar power plant and have it available for
their use. Our team of professionals – UMMS, BITHENERGY, and Constellation –
is a perfect example of the good that can come when there is economic
intentionality between public and private institutions in our State.”

“Constellation congratulates UMMS for its commitment to sustainable operation
and renewable energy,” said Michael D. Smith, vice president of solar and
energy efficiency sales for Constellation. “We’re proud to be part of the UMMS
project team as we continue to support solar generation in Maryland. To date,
Constellation has developed more than 30 megawatts of solar for Maryland
customers, roughly 40 percent of the state’s estimated 74 megawatts of solar
installations.”

“Maryland's Eastern Shore is often associated with sunshine, and this solar
energy project based in Somerset County demonstrates another facet of
our area's contributions to the state,” said state Sen. James N. Mathias, Jr.
(Somerset, Wicomico and Worcester Counties). “We are proud to be home to this
innovative application of natural resources, which exemplifies how businesses
in Maryland complement each other across the miles, from the rural farmlands
and waters of the lower Eastern Shore, to the vital medical services and
research occurring daily in Baltimore City.”

The solar power system comprises approximately 15,540 photovoltaic panels,
located on approximately 25 acres. The system is expected to generate
approximately 4.7 million kilowatt-hours of electricity during its first year
of operation. Generating the same amount of electricity using nonrenewable
sources would result in the release of 3,347 metric tons of carbon dioxide, or
the equivalent emissions from 697 passenger vehicles annually, according to
U.S. EPA data for the region.

Participants in today’s celebration also saw firsthand examples of UMMS
sustainability initiatives via Earth Day exhibits at the University of
Maryland Medical Center. UMMC’s “Green Team” is dedicated to reducing the
Medical Center’s environmental footprint through waste reduction, energy
conservation, healthier food, smart purchasing and greener transportation.
UMMC’s waste reduction programs have resulted in positive environmental
impacts and costs savings. Many UMMS hospitals have “Green Teams” who
implement programs throughout their local facilities.

About University of Maryland Medical System

The University of Maryland Medical System is a 12-hospital system with
academic, community and specialty service missions reaching every part of the
state and beyond. UMMS is a national and regional referral center for trauma,
cancer care, neurocare, cardiac care, women's and children's health and
physical rehabilitation. It also has one of the nation’s largest kidney
transplant programs, as well as scores of other programs that improve the
physical and mental health of thousands of people daily. UMMS has more than
21,500 employees, approximately 2,300 licensed beds, about 120,000 annual
patient admissions and gross patient revenues of $2.8 billion. Additionally,
the Medical System generates nearly $4.4 billion in economic activity in
Maryland. For more information, visit www.umms.org.

About Constellation

The Constellation family of retail electricity and natural gas suppliers
(www.constellation.com), are subsidiaries of Exelon Corp., and are leading
competitive retail suppliers of power, natural gas and energy products and
services for homes and businesses across the continental United
States. Constellation’s retail businesses serve more than 100,000 business and
public sector customers, including more than two-thirds of the Fortune 100,
and nearly one million residential customers.

Exelon Corporation (NYSE: EXC) is the nation’s leading competitive energy
provider, with 2012 revenues of approximately $23.5 billion. Headquartered in
Chicago, Exelon has operations and business activities in 47 states, the
District of Columbia and Canada. Exelon is one of the largest competitive U.S.
power generators, with approximately 35,000 megawatts of owned capacity
comprising one of the nation’s cleanest and lowest-cost power generation
fleets. The company’s Constellation business unit provides energy products and
services to approximately 100,000 business and public sector customers and
approximately 1 million residential customers. Exelon’s utilities deliver
electricity and natural gas to more than 6.6 million customers in central
Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania
(PECO).

About BITHENERGY

BITHENERGY, Inc. is an award-winning, energy services company that provides
innovative solutions for maximizing energy and operational efficiencies, while
expanding energy sourcing options. BITHENERGY offers its government,
corporate, and non-profit clients consulting services, intelligent engineering
strategies, advanced information systems, leading edge business processes, and
full implementation services for managing energy consumption, sourcing power
purchases, smart grid infrastructure build-out, and the development of
renewable energy systems. More than 30 megawatts of solar installations and
Hybrid Renewable Energy Systems (HRES) have been completed or are under
development for government, educational, and commercial clients both in the
United States and West Africa.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130422005729/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50614398&lang=en

Contact:

Constellation
Kelly Biemer, 410-470-9700
kelly.biemer@constellation.com
or
University of Maryland Medical System
Karen Lancaster, 410-328-8919
klancaster@umm.edu
or
BITHENERGY, Inc.
Courtney Malvik, 410-962-1188
cmalvik@bithgroup.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement