Plankton Energy
Cinnaminsom, New Jesey
Plankton Energy partnered with a facility managed by Extra Space Storage to install a 449-kilowatt rooftop solar system in Cinnaminson, New Jersey. Comprising 1,196 modules, the system produces approximately 540,000 kilowatt-hours of electricity annually—offsetting the facility’s entire electricity usage.
Over the lifetime of the system, the facility is projected to save more than $1.4 million in electricity costs and avoid over 4,260 metric tons of carbon dioxide emissions. The project was supported by New Jersey’s Successor Solar Incentive (SuSI) Program, which provides financial incentives aimed at accelerating the deployment of clean energy across the state. Through such programs, developers like Plankton Energy are able to deliver long-term environmental and economic value to commercial property owners.
Plankton Energy is a turnkey solar provider serving Real Estate Investment Trusts, private equity firms, and institutional property owners across all real estate asset classes. The company helps organizations like Extra Space Storage reduce energy costs and align capital improvements with long-term sustainability goals.
Extra Space Storage, founded in 1977, is the largest owner of self-storage units in the United States, operating thousands of locations across 43 states. The company has received multiple awards for its leadership in sustainability, including the NAREIT Leader in the Light Award.