PORTLAND, OR-Portland General Electric and US Bank have leased the tops of three warehouses here for what is being billed as the largest solar project in the Pacific Northwest. The project entails installing “thin-film” solar panels on the rooftops of three ProLogis-owned distribution warehouses in northeast Portland. The solar panels will cover more than 328,000 sf.

U.S. Bank and PGE have formed SunWay 2, LLC, to own and operate the system and to secure state and federal solar tax credits to help finance the project. The financing package was arranged by United Fund Advisors. Energy Trust of Oregon, a nonprofit organization that promotes energy efficiency and renewable energy, is providing about $1 million in incentives for the project.

Thin-film photovoltaic solar panels are ideal for rooftop installations, as they are lighter, require less structural support and have a higher wind rating than traditional glass laminated and aluminum framed solar panels. The system will be installed by publicly held Solar Integrated Technologies Inc., which has worked with ProLogis on solar energy systems in France and Spain.

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