Dalsin industries
Location
Bloomington, MN
Details
Renewable Energy Solutions
1.1 MW On-site Solar
400 kW Solar CSG
Project Partners
Contractor: Sundial Solar Energy
Project End Date
Estimated Spring 2021
45 North Group was engaged by Dalsin Industries to assess their Bloomington, MN operations for opportunities to incorporate renewable energy. The assessment highlighted many available options of which Dalsin elected to pursue both a rooftop solar installation and Community Solar Garden (CSG) subscription. These renewable energy projects help Dalsin Industries employ solar power that is equivalent to 55% of their annual electric demand which further helps them meet their impressive sustainability objectives.
For the rooftop solar installation, 45 North Group facilitated an RFP to the market, negotiated a rooftop solar installation agreement and helped structure a mutually beneficial lease policy with the building landlord. 45 North Group additionally oversaw the design process and installation of the rooftop solar system.
Solar production equivalent to 30% of annual demand
Estimated 25-year electric cost savings of over $3.5M
Tax benefits in excess of $1.2M
Estimated after-tax IRR of over 35%
For the CSG subscription, 45 North Group solicited proposals from the market, secured capacity at multiple CSG projects and assisted in negotiating the subscription agreements.
Total subscription size of approximately 400 kW
Estimated 25-year savings of $135,000