Signal to deploy state-of-the-art rooftop solar system at Inwood
facility
INWOOD, N.Y.--(BUSINESS WIRE)--
Signal
Transformer, a division of Bel
Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB), today
announced the start of construction on a 129 kilowatt (kW) solar
photovoltaic system to be installed at the Signal Transformer facility
located in Inwood, New York. Signal Transformer is a premier
manufacturer of transformers, chokes, and inductors, as well as custom
and modified-standard products. Their parts are employed in a broad
range of mission-critical applications worldwide.
Once completed, the rooftop solar energy system will produce the
majority of Signal Transformer's annual electricity needs. The
state-of-the art system will generate clean renewable energy onsite and
will offset the equivalent of over 200,000 pounds of carbon each year.
"We are excited to announce the planned conversion of our Signal
Transformer facility to solar power," said Sandy Axelrad, Signal
Transformer's General Manager. "The decision to 'go solar' is a fine
example of Bel's broad commitment to environmental sustainability." In
addition to the Signal solar project, Bel's environmental initiatives
include the use of alternative (greener) manufacturing methods and
materials, as well as the elimination of lead and other banned
substances from Bel's products.
Signal is partnering on the project with EnterSolar, a leading New-York
based provider of commercial solar solutions. "EnterSolar is excited to
be partnering with Bel on this significant project, and we applaud them
for their continued efforts to improve Bel's environmental footprint,"
said Paul Ahern, EnterSolar's President. "In addition to the
sustainability benefits, Signal Transformer will enjoy significant
savings on their ongoing electricity costs."
The Signal Transformer solar project, scheduled for completion in August
2013, is being facilitated by Governor Cuomo's NY-Sun Initiative, a
dynamic public-private partnership which is aggressively expanding the
deployment of solar photovoltaic systems across the Empire State.
About Bel
Bel (www.belfuse.com)
and its divisions are primarily engaged in the design, manufacture, and
sale of products used in networking, telecommunications, high-speed data
transmission, commercial aerospace, military, transportation, and
consumer electronics. Products include magnetics (discrete components,
power transformers and MagJack® connectors with integrated
magnetics), modules (DC-DC converters and AC-DC power supplies,
integrated analog front-end modules and custom designs), circuit
protection (miniature, micro and surface mount fuses) and interconnect
devices (micro, circular and filtered D-Sub connectors, fiber optic
connectors, passive jacks, plugs and high-speed cable assemblies). The
Company operates facilities around the world.
About EnterSolar
EnterSolar is a leading New York-based provider of comprehensive solar
energy system solutions to the commercial marketplace. Unique in its
combination of solar development expertise and financial structuring
capabilities, the Company works exclusively with commercial enterprises
to deliver optimal solar solutions with compelling, long-term ROI. For
more information visit www.entersolar.com.
Investor Contact:
Neil Berkman Associates
(310) 477-3118
info@berkmanassociates.com
or
Editorial
Contact:
Bel Fuse Inc.
Mark Coggan
(858) 676-9650
Ext.
104
Source: Bel Fuse Inc.
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