Press Release – December 4, 2018

Workin’ on Sunshine: PennFleet Goes Solar

Philadelphia, PA., November 27, 2018 — A solar-electric energy installation to be completed before year’s end will enable PennFleet Corporation to perform 100% of its customer truck repairs using the power of the sun.

PennFleet, a provider of collision repair services, mechanical services and roadside emergency response for medium to large truck fleets, will use more than 500 roof-mounted solar panels and five inverters to convert sunlight to electricity.

Installed by Paradise Energy Solutions of Paradise, PA., the new system will generate enough kilowatt hours in its first year of production to cover 102% of the company’s annual power usage. Power generated by the new system during its first year of operation will offset the equivalent of 152 tons of CO2.

Solar energy is completely renewable, and unlike coal, oil or natural gas, does not release greenhouse gas emissions. Said Jim Kolea, President, “We’re always looking for ways to reduce our environmental impact. We care about how we treat the planet just like we care about how we treat our people.”

Work began on the project in November and is expected to be completed around the first week of December. The new system will function for at least 25 years and reduce PennFleet’s dependence on the traditional power grid to near zero. The company works to shrink its environmental footprint in all aspects of operation, from recycling used solvents, batteries and tires to turning waste oil into a heat source.

About PennFleet Corporation

Founded in 2004, PennFleet is one of the fastest growing privately held companies in Greater Philadelphia. Employing more than 30 people at locations in Boothwyn and Conshohocken, PennFleet was named one of the “Soaring 76 of 2018” by the Philadelphia Business Journal. The company has also twice won the “Philadelphia 100” Award from the Entrepreneurs Forum of Greater Philadelphia and has been included in Inc. Magazine’s “Inc. 5000,” a list of the fastest-growing companies in the U.S. A member of the Sustainable Business Network of Greater Philadelphia (SBN), the Greater Philadelphia Chamber of Commerce and the Mid-Atlantic Employers Association, PennFleet is also a member of the American Trucking Associations (ATA) and ATA’s Technology & Maintenance Council (TMC), as well as the Automotive Service Association (ASA).

For More Information, Contact:
Ylice Golden
ylice@PennFleet.com
610-940-1507, ext. 207

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For more information, contact:
Ylice Golden
ylice@PENNFLEET.com
610-940-1507, ext. 207