Rubicon Exotic, a global leader in the exotic juice and beverage market, and Otter Energy, a premier industrial solar EPC firm, have announced the successful commissioning of a 444.3 kW DC solar installation at Rubicon’s Richmond Hill facility. The project is a financial landmark for the beverage industry, projected to secure $3,465,496 in lifetime energy savings.
As the food and beverage sector faces rising operational costs and supply chain volatility, Rubicon Exotic is leveraging solar technology to “lock in” long-term energy prices. By transforming their facility’s rooftop into a revenue-generating asset, Rubicon is achieving a remarkable 27.60% Internal Rate of Return (IRR), a figure that significantly outpaces traditional market investments.
“When we evaluated the long-term energy requirements of our bottling and distribution operations, partnering with Otter Energy was a no-brainer,” said Neel Nagrecha, Managing Director at Rubicon Exotic. “Securing over $3 million in savings while reducing our carbon footprint allows us to remain competitive while staying true to our brand’s commitment to quality and sustainability.”
The custom-engineered system features 794 high-efficiency 560W bifacial modules, designed by Otter Energy to maximize energy harvest within the facility’s specific footprint.
“Rubicon Exotic is setting the gold standard for the beverage industry,” said Peter Vogel, CDO of Otter Energy. “By working together, we have turned a standard industrial rooftop into a high-performance financial asset that will generate millions in savings for decades to come.”
For over 40 years, Rubicon Exotic has been the pioneer of exotic fruit juices, bringing the authentic tastes of the tropics to consumers worldwide. From its state-of-the-art facilities, Rubicon continues to lead the category through innovation, quality, and a growing commitment to sustainable business practices.
Otter Energy is a leading solar EPC firm specializing in commercial and industrial C&I solar solutions. By navigating complex regulatory landscapes and delivering elite financial returns, Otter Energy helps North American businesses turn industrial infrastructure into high-yield financial engines.