Business & Real Estate

New Sacramento Kings arena to go solar

The Sacramento Kings announced a partnership with SMUD on Monday that will ensure that the new downtown arena will be powered with solar energy.

The team said it has agreed to a 20-year deal under which the Sacramento Municipal Utility District will supply approximately 85 percent of the electricity needed at the Golden 1 Center with power from a recently announced solar farm planned at Rancho Seco.

Previously, the team has said the new arena will get about 15 percent of its electricity from 3,300 rooftop solar panels. SPI Solar, a Chinese company that was founded in Roseville, is building and operating the $2.5 million rooftop system.

The Kings said the agreement with SMUD will eliminate nearly 2,000 tons of greenhouse gas emissions each year. “Golden 1 Center will serve as a new global model for leveraging our natural resources in smart and efficient ways,” Kings President Chris Granger said in a prepared statement.

The $507 million arena is scheduled to open a year from now.

Dale Kasler: 916-321-1066, @dakasler