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Re: The Jets really are Green...

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Johnny Morongo

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Sep 28, 2010, 2:54:17 PM9/28/10
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On Sep 28, 10:01 am, buRford <buRf...@buR.ford.com> wrote:
> Kudos to Woody for this... of course, due to the stupidity of our Govt, over the past 30
> years, the Jets had to use a Chinese Company.
>
> Press Release
> New York Jets and Yingli Solar Announce Completion of NFL's Largest Solar Power System at
> Team...
> 09.28.10, 6:21 AM ET
>
> BAODING, China and FLORHAM PARK, N.J., Sept. 28 /PRNewswire-Asia-FirstCall/ -- Yingli
> Green Energy Holding Company Limited (NYSE: YGE), a leading solar energy company and one
> of the world's largest vertically integrated photovoltaic manufacturers, which holds the
> brand "Yingli Solar," and The New York Jets today announced the completion of a solar
> power system at the Jets' team headquarters and training center in Florham Park, NJ. This
> is the largest photovoltaic (PV) installation at a NFL team headquarters, utilizing over
> 3,000 Yingli Solar panels. Syncarpha Capital, the system owner, selected SunDurance
> Energy, LLC for the turnkey design and construction of the project, and partnered with
> Evolution Energies, LLC as the project developer. All of the power generated by the system
> will be sold to The New York Jets under a long-term Power Purchase Agreement (PPA).
>
> (Photo:http://photos.prnewswire.com/pb-large/EN/2010/09/28/10/20100928100949...
> )
> "The New York Jets are excited to be at the forefront of incorporating solar energy into
> the NFL. When we decided to add solar energy to the Atlantic Health Training Center, going
> green was the catalyst," said Thad Sheely, New York Jets' Executive Vice President of
> Finance and Stadium Development. "This project is the first of many green initiatives on
> behalf of the team, and we are proud to be green in color and also in deed. We chose the
> right partners and are thrilled about what this installation will do for our organization,
> our community, and hopefully for inspiring the entire league."
>
> "We are excited to have formed a long-term partnership with the New York Jets, and to
> align our brand with the most popular sport in America," said Robert Petrina, Managing
> Director of Yingli Green Energy Americas. "We commend the Jets for their commitment to
> renewable energy, as well as the dedication of Syncarpha Capital and SunDurance Energy to
> make this project a reality - it's truly a winning combination."
>
> The Atlantic Health Training Center solar installation also marks another prominent solar
> success for the state of New Jersey, which is currently a U.S. leader in solar energy,
> second only to California. Designed to generate over 750,000 kilowatt-hours of electricity
> for the building each year, the project will reduce CO2 emissions by 540 metric tons each
> year, which is equivalent to taking over 100 cars off the road. By utilizing a power
> purchase agreement, the team will also save tens of thousands of dollars each year in
> electricity expenses with no capital outlay.
>
> "Syncarpha Capital welcomes the opportunity to partner with the New York Jets, a visionary
> sports franchise and role model of corporate sustainability, as its long term provider of
> zero carbon power. Today's announcement is evidence of our exemplary partnership and
> ideally provides direction for all other professional sports franchises," commented Cliff
> Chapman, Co-Managing Partner and Co-Founder of Syncarpha Capital.
>
> Work began at the Training Center in late June, and the project was generating power
> approximately eight weeks later.
>
> "We're proud to have finished this project on-budget, and on-schedule, just in time for
> the NFL season," said SunDurance Energy CEO, Al Bucknam. "Designing and building a solar
> project that will stand the test of time requires the same commitment to execution
> excellence that is required for success in the NFL. The New York Jets demand the very best
> from themselves and from their partners, and we appreciate the opportunity to be a part of
> this stellar team."
>
> Additionally, Nautilus Solar Energy, LLC, a privately owned independent power producer
> headquartered in Summit, New Jersey, will provide ongoing asset management services.
>
> About Yingli Green Energy
>
> Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under
> the brand "Yingli Solar", is a leading solar energy company and one of the world's largest
> vertically integrated photovoltaic manufacturers. Yingli Green Energy's manufacturing
> covers the entire photovoltaic value chain, from the production of polysilicon through
> ingot casting and wafering, to solar cell production and module assembly. Currently,
> Yingli Green Energy maintains a balanced production capacity of over 600 MW per year. Two
> capacity expansion projects of 300 MW and 100 MW located in Baoding and Hainan,
> respectively, have both started initial production in early July 2010, and are expected to
> bring Yingli Green Energy's total capacity to 1 GW by the end of the third quarter of
> 2010. In addition, Yingli Green Energy's in-house polysilicon plant, Fine Silicon, which
> has a designed annual production capacity of 3,000 metric tons, has successfully started
> commercial operation in early August 2010. Yingli Green Energy distributes its
> photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece,
> France, South Korea, China and the United States. Headquartered in Baoding, China, Yingli
> Green Energy has more than 7,000 employees and more than 10 subsidiaries and branch
> offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange
> (NYSE: YGE). For more information, please visithttp://www.yinglisolar.com.
>
> About Syncarpha Capital
>
> Syncarpha Capital is an investment company that develops or acquires, owns and operates
> rooftop or ground mounted solar power plants in the United States and Canada under
> long-term contracts with creditworthy counterparties. Headquartered in New York, Syncarpha
> provides solar PPAs that immediately reduce electricity bills without any capital
> investment or maintenance costs for commercial/industrial companies, municipalities,
> schools and utilities. For more information, please visithttp://www.syncarpha.com.
>
> About Evolution Energies, LLC
>
> Evolution Energies is a renewable energy company focused on the development, financing,
> acquisition and ownership of commercial and utility scale solar energy facilities.
> Evolution Energies aims to develop a diverse portfolio of solar energy assets that are
> designed, installed, operated and maintained to ensure sustainability and profitability.
> For more information, please visithttp://www.EvolutionEnergies.com.
>
> About SunDurance Energy, LLC
>
> SunDurance Energy, LLC is a solar energy company that develops, designs, builds and
> operates megawatt-scale solar power solutions for the commercial & industrial, federal &
> government, and utility-scale markets. An affiliate of The Conti Group, SunDurance Energy
> is a leading solar provider with high-profile projects at Rutgers University, William
> Patterson University, the NY Jets training facility, and much more. For more information
> please visithttp://www.SunDuranceEnergy.com.
>
> About Nautilus Solar Energy, LLC
>
> Founded in 2006, Nautilus Solar is a leading independent solar power producer
> headquartered in Summit, New Jersey. Nautilus Solar develops, constructs, finances, owns
> and operates distributed generation and utility-scale solar electric systems. The company
> sells its generated electricity through long term power purchase agreements. Nautilus
> Solar is majority-owned by an investment affiliate of Starwood Energy Group Global, LLC,
> based in Greenwich, Connecticut. Nautilus Solar is in the process of completing the
> largest solar energy facility at a university in the U.S. with the commissioning of the
> 3.5MW solar facility at William Paterson University in Wayne, New Jersey. For more
> information, please visit the website athttp://www.nautilussolar.com.
>
> Safe Harbor Statement
>
> This press release contains forward-looking statements. These statements constitute
> "forward-looking" statements within the meaning of Section 21E of the Securities Exchange
> Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform
> Act of 1995. These forward-looking statements can be identified by terminology such as
> "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates,"
> "target" and similar statements. Such statements are based upon management's current
> expectations and current market and operating conditions, and relate to events that
> involve known or unknown risks, uncertainties and other factors, all of which are
> difficult to predict and many of which are beyond Yingli Green Energy's control, which may
> cause Yingli Green Energy's actual results, performance or achievements to differ
> materially from those in the forward- looking statements. Further information regarding
> these and other risks, uncertainties or factors is included in Yingli Green Energy's
> filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not
> undertake any obligation to update any forward-looking statement as a result of new
> information, future events or otherwise, except as required under applicable law.

GREAT get, Bman. Scanning this, it sounds like a right-minded idea.
Very wise of them to do so, and to get something in place as this new
venture at The New Meadowlands takes off shows that someone in the
organization has his/her head screwed on straight and saw the multiple
benefits of going solar from the get go. It's also a good model that
other businesses might investigate. Tip o' the hat to 'em.

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Johnny Morongo

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Sep 28, 2010, 4:04:52 PM9/28/10
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On Sep 28, 12:14 pm, buRford <buRf...@buR.ford.com> wrote:
> On Tue, 28 Sep 2010 11:54:17 -0700 (PDT), Johnny Morongo
> And it looks like economically, it's a shrewd move.
> The China part, though, just pisses me off.  But, the season has started, so I'm holdin'
> my political tongue  ;)

You, a political tongue? DMML

John C TX

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Sep 28, 2010, 4:50:26 PM9/28/10
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On Sep 28, 1:54 pm, Johnny Morongo

In commercial RE green buildings fetch higher rents and fill faster.
The problem there is green & BS green.

The good news for us is that many in the Sustainability movement
aren't idiots like some of the Luddites that ran with the Green
Party. They realize that to affect change you need to be near those
with power.

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