Latest in a series of solar projects is installed
SANTA PAULA, Calif.--(BUSINESS WIRE)--Apr. 9, 2019--
On April 9th, 2019, Limoneira Company (Nasdaq: LMNR), a diversified
citrus packing, selling and marketing company with related agribusiness
activities and real estate development operations announced the
unveiling of the Company’s latest solar project.
“Over two thousand Hanwha Q Peak solar modules have been installed on
the roof of Limoneira’s new packinghouse,” said Limoneira Chief
Financial Officer, Mark Palamountain. “This is expected to offset
approximately 680 tons of CO2 and 420lbs of NOX annually."
This is the latest of Limoneira’s 7 solar installations across the
company which produce a total 7M KW annually, and in doing so, reduce
86,830 tons of CO2 over a 25-year period. Limoneira is one of the
largest private users of solar energy in California.
Additional sustainability initiatives include a 12- acre green waste
facility that processes an average of 1000 tons of waste each week that
would otherwise end up in a landfill and a low-tech patented
gravity-powered water treatment system. This 24,000 square foot project
process 180,000 gallons of water daily, transforming waste into water
that meets CA title 22 drinking standards.
“This latest solar project will not only fix our electricity rates for
years to come. It will produce clean energy that can be stored in our
Tesla batteries and deployed during peak energy periods to reduce
brown-outs,” said Harold Edwards, Limoneira CEO. “Our board and
management have always maintained that it is possible to do well by
doing good. We will continue to evaluate projects that make sound fiscal
and sustainable sense."
About Limoneira Company
Limoneira Company, a 126-year-old international agribusiness
headquartered in Santa Paula, California, has grown to become one of the
premier integrated agribusinesses in the world. Limoneira (pronounced lē
mon΄âra) is a dedicated sustainability company with 14,500 acres of rich
agricultural lands, real estate properties, and water rights in
California, Arizona and Chile. The Company is a leading producer of
lemons, avocados, oranges, specialty citrus and other crops that are
enjoyed throughout the world. For more about Limoneira Company, visit www.limoneira.com.
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Source: Limoneira Company
525-5541 ext. 1056