ProLogis (NYSE: PLD), one of the largest operators of distribution facilities in the US and abroad, will host more than 100 megawatts (MW) of rooftop solar under a new agreement with Southern California Edison (SCE) (NYSE: EIX).
The first project, an 11.1 MW solar array will begin construction this summer. The master agreement covers 2.5 million square feet of roof space across five buildings.
SCE will own and operate all of the solar power systems, and ProLogis will receive roof rental income and construction management fees.
The projects are part of SCE's large 500-MW distributed solar power program. SCE aims to build, own and operate 250 MW and contract for an additional 250 MW.
This is the second rooftop solar project between the two companies, bringing ProLogis' total partnership with SCE to 13.5 MW of solar energy.
In September 2009, ProLogis formed a Global Renewable Energy Group to focus on developing rooftop solar projects on the company's facilities worldwide.
ProLogis has more than 450 million square feet (42 million square meters) of roof space worldwide available for solar photovoltaic installations.
The company now has solar projects installed or under construction on 32 buildings throughout France, Germany, Japan, Spain and the United States. The installations cover more than 10.6 million square feet (984,800 square meters) of roof space and total 24.6 MW.
