July 14, 2017
The Dymon Group of Companies (“Dymon”) is pleased to announce the successful completion of its first year of operations under the FIT (Feed-in-Tariff) program administered by the Independent Electricity System Operator. Under the FIT program, Dymon has installed over 9,000 solar panels on properties within its portfolio with a combined generating capacity of 3 Megawatts (MW), and is now the largest private sector generator of power in the City of Ottawa. In the first year of operations under the FIT program, the release of a significant amount of noxious compounds in the environment has been avoided, including close to 3,500 tons of carbon dioxide, 1500 lbs of nitrogen oxide and 275 lbs of sulphur dioxide.
As a responsible global citizen, Dymon strives to minimize the environmental impact of its business activities. Dymon is committed to significantly reducing greenhouse gas emissions by moving away from fossil fuels thereby creating a low carbon, resilient and sustainable future. Dymon’s ultimate goal is to achieve a targeted zero carbon footprint and contributing to reduce the risk of climate change.
In addition to its solar power program, Dymon has undertaken a variety of conservation measures including the use of electric and hybrid vehicles in its fleet, the conversion of all light bulbs and fixtures throughout its portfolio to LED, the use of “all-off” switches to conserve energy when not required, and employing LEED standards in all of Dymon’s construction projects.
“As part of our commitment to environmental stewardship, we are always striving to find new ecofriendly alternatives for the things we do” says Glen Luckman, CEO. “Dymon is a leader in the implementation and use of solar power as a clean, low carbon, and renewable energy source.”
With its planned growth to build twelve (12) additional Dymon Storage facilities in the Ottawa/Gatineau region as well as eighty (80) facilities across the Greater Toronto Area, Dymon plans to construct solar panel installations on each and every rooftop. When the solar rooftop installation program is complete, it is estimated that the entire Dymon portfolio of approximately 100 facilities will have generating capacity of over 30 MW of power.
As part of its environmental stewardship, Dymon is proactively investigating other means by which to save energy and hit its targeted zero carbon footprint, including the use of geothermal heating, cogeneration, and the development of solar power farms.