In a monumental recognition of its innovative strides in sustainability and economic efficiency, Abraham Lincoln Capital Airport (KSPI), in collaboration with energy and sustainability leader Veregy, is honored to announce its selection as the Airport Business 2024 Projects of the Year – Sustainability. This prestigious accolade comes on the heels of the airport’s completion of a transformative 2.88 MW solar initiative, further solidifying its nomination and award for the Airport Business 2024 Projects of the Year – Sustainability.
This groundbreaking solar project, encompassing six arrays across three strategic sites, represents a significant leap toward sustainable airport operations and financial stability. Completed in March 2023, it is distinguished as Illinois’ largest airport-owned solar array dedicated to net metering, marking a new era of green innovation in aviation infrastructure.
A Testament to Visionary Leadership and Environmental Stewardship
The Airport Business 2024 Projects of the Year – Sustainability award is a testament to Abraham Lincoln Capital Airport’s commitment to pioneering environmental practices and operational excellence. By dramatically reducing electricity costs for essential accounts by over 90% and establishing innovative net metering solutions, the airport has set a new standard for integrating sustainability into its core operations.
Innovative Solutions Driving Sustainable Success
The project’s innovative approach, leveraging strategic solar installations and FAA permit conversions for net metering, underscores the airport’s forward-thinking methodology. These efforts enhance revenue potential and contribute significantly to environmental conservation, aligning with the airport’s comprehensive green initiatives.
Project Highlights:
- A robust 2.88 MW Solar Array project featuring ground and roof-mounted installations.
- A $6 million investment, supported by significant funding from the Illinois SREC program and third-party financing through Balance Solar.
- Expected 20-year savings of $6.7 million, with a 30-year projection of revenue and savings of $14.1 million.
- An impactful reduction in carbon footprint, equivalent to significant environmental savings annually.
The selection of Abraham Lincoln Capital Airport as the Airport Business 2024 Projects of the Year – Sustainability underscores its exceptional achievements in sustainability and financial management. This solar project demonstrates the airport’s innovative approach to environmental stewardship and inspires airports globally, aiming to harmonize operational success with sustainability.