TOLEDO, OH, November 21, 2019 - Greater Toledo Community Foundation and numerous partners today kicked off the development of a solar array, located in Toledo’s Overland Industrial Park, that will generate clean, renewable electricity for the 300,000 square foot axle assembly operation of Dana Incorporated (NYSE: DAN), while investing hundreds of thousands of dollars annually into the neighboring community.

“This type of collaboration among businesses, government, and agency partners to deliver a sustainable community investment is unprecedented,” says Keith Burwell, president of Greater Toledo Community Foundation. “The partners’ commitment to build a world-class solar-power generation site will provide funds that will be reinvested in the surrounding neighborhoods far into the future. "

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The Toledo-Lucas County Port Authority provided the land within the Overland Industrial Park for the solar array, with industry leaders donating the infrastructure. “We are proud to be a part of this innovative project,” says Thomas J. Winston, president and CEO of the Toledo-Lucas County Port Authority. “The solar array will be located on a floodplain, which is not appropriate for a facility but is perfect for a solar array.”

Once operational, the solar array – consisting of the very latest power-generation technologies – will provide renewable energy that will be purchased by Dana for its Toledo Driveline facility, also located in the park.

Greater Toledo Community Foundation has created a nonprofit entity to own the solar field in conjunction with the Toledo-Lucas County Port Authority. As the nonprofit generates a revenue stream through the sale of electricity to Dana, proceeds will be reinvested in the surrounding areas through grants to local nonprofits.

“Workforce development, job training, beautification, and other projects in the public interest will benefit from these funds,” says Burwell.

“At Dana, we have a strong commitment to improving the sustainability of our products and increasing our use of renewable energies – but this is more than just another solar project,” says James Kamsickas, president and CEO of Dana. “This unique community collaboration allows Dana to capitalize on all the benefits of renewable energy while also making a significant economic impact on the residential neighborhoods surrounding our facility.”

Along with the land from the Toledo-Lucas County Port Authority, other components of the project have been donated or discounted by various partners, including solar modules from U.S.-headquartered First Solar, Inc., newly-designed inverters by Yaskawa Solectria Solar, and design, engineering and construction services from GEM Energy, JDRM Engineering, Kokosing Construction, the Mannik Smith Group and TTL Associates.

This project represents both advanced technology and unique community participation and is a showcase for American-made products. The array, powered by First Solar’s American-grown thin film module technology, will generate enough power to reduce the amount of carbon dioxide by more than 3,000 tons – which is the equivalent of removing 465 cars from the roadways every year. The high-performance, eco-efficient modules have a lower carbon footprint than conventional solar panels manufactured using conventional, energy-intensive processes.

“Solar power is working for communities and businesses across the United States,” says Jason Slattery, director of solar for GEM Energy. “Renewable energy projects are in the forefront of cutting-edge solutions that meet multiple economic and environmental concerns. In addition, efforts like this, involving numerous partners with significant ties to the community, demonstrate how success can be achieved through broadly-based collaboration.”

The solar arrays are expected to be fully operational by Spring 2020.

About Greater Toledo Community Foundation
Greater Toledo Community Foundation is a public charitable organization created by citizens of our community to enrich the quality of life for individuals and families in our area. In existence since 1973, the Foundation has more than 875 funds with assets of approximately $304 million. The Foundation provides philanthropic services for individuals, families, businesses and corporations to meet their charitable giving needs. For more information about Greater Toledo Community Foundation, visit www.toledocf.org or follow us on Facebook and LinkedIn.