Kyocera Solar Inc. and installer Dynamic Solar Solutions have installed 24.75 kilowatts of solar modules atop the Emilio Bacardi Group headquarters in San Juan, Puerto Rico, making the building 100% solar. The system will produce 34,533 kilowatt hours annually and will pay for itself in five years, Kyocera said in a statement. That includes government incentives that will cover 30% of the cost. Electricity prices in the Caribbean are among the highest in the world, with Puerto Rico's rates often double that of the U.S. The Emilio Bacardi Group owns Dynamic Solar Solutions, Caribbean Energy Distributor Corp., and eight other companies.
Copyright © 2015 MarketWatch, Inc.