03.01.19
Sprague Resources LP announced that its subsidiary, Sprague Operating Resources LLC, and Picktricity LLC have teamed up to respond to improving sustainability in the energy industry in a way that will reduce emissions and save money – and help others to do the same.
Picktricity, a Massachusetts-based installer of thin-film solar panels, originally approached Sprague to apply the adhesive solar panels to one of its tanks in 2017. The thin-film panels, unique in that they can be directly applied to flat surfaces, are significantly more flexible and lighter in weight than traditional panels, which also require the additional weight of racks and bolts for installation.
Sprague agreed to a pilot program and quickly saw positive results.
“We put the panels on a typical storage tank to see if we could use our existing assets to generate energy savings while enhancing our sustainability efforts,” said Jay Leduc, director of Sustainability at Sprague. “With the pilot project generating annual savings, we are excited to roll this out on many more of our tanks, and take advantage of greater savings and possible revenue generation.”
“Sprague’s proven ability to anticipate and stay ahead of market changes aligns exactly with our vision,” said Kevin Maloney, founder and CEO of Picktricity. “They have the deep industry knowledge and relationships, and we have the solar installation expertise with best-in-class thin-film solar technology.”
After realizing the benefits at its own terminal, and recognizing the opportunity to help expand sustainability efforts across the industry, Sprague began partnership talks with Picktricity to expand the use of the technology not only on its own storage tanks but also to offer the solution to other terminal operators throughout the US.
“Many of the options available allow terminal owners to receive power savings and environmental benefits without the requirement of capital investment,” David Glendon, president and CEO of Sprague. “Throughout our history, we’ve enjoyed success adapting our products and services to the evolving energy needs of our customers. Sustainable energy solutions, whether they are adding biofuels or renewable diesel, supporting wind installations, or providing turnkey solar solutions, simply make sense.”
Picktricity offers a full suite of solar solutions, including connecting customers to project financing options.
Picktricity, a Massachusetts-based installer of thin-film solar panels, originally approached Sprague to apply the adhesive solar panels to one of its tanks in 2017. The thin-film panels, unique in that they can be directly applied to flat surfaces, are significantly more flexible and lighter in weight than traditional panels, which also require the additional weight of racks and bolts for installation.
Sprague agreed to a pilot program and quickly saw positive results.
“We put the panels on a typical storage tank to see if we could use our existing assets to generate energy savings while enhancing our sustainability efforts,” said Jay Leduc, director of Sustainability at Sprague. “With the pilot project generating annual savings, we are excited to roll this out on many more of our tanks, and take advantage of greater savings and possible revenue generation.”
Sprague was the first to bring ultra-low sulfur diesel fuel to the Northeast in 2000, and the first BQ9000 biodiesel certified marketer in the US.
“Sprague’s proven ability to anticipate and stay ahead of market changes aligns exactly with our vision,” said Kevin Maloney, founder and CEO of Picktricity. “They have the deep industry knowledge and relationships, and we have the solar installation expertise with best-in-class thin-film solar technology.”
After realizing the benefits at its own terminal, and recognizing the opportunity to help expand sustainability efforts across the industry, Sprague began partnership talks with Picktricity to expand the use of the technology not only on its own storage tanks but also to offer the solution to other terminal operators throughout the US.
“Many of the options available allow terminal owners to receive power savings and environmental benefits without the requirement of capital investment,” David Glendon, president and CEO of Sprague. “Throughout our history, we’ve enjoyed success adapting our products and services to the evolving energy needs of our customers. Sustainable energy solutions, whether they are adding biofuels or renewable diesel, supporting wind installations, or providing turnkey solar solutions, simply make sense.”
Picktricity offers a full suite of solar solutions, including connecting customers to project financing options.