A New Hampshire manufacturing company is the proud new owner of the state’s largest photovoltaic (PV) installation.

Wire Belt Company of America, a Londonderry-based manufacturer of conveyor belts, recently announced the completed installation of a 99-kilowatt (kW) roof-mounted system rests atop the manufacturer’s building. The system is expected to produce some 106,500 kilowatt-hours (kWh) of electricity in the first year of operation, offsetting roughly 20 percent of the company’s annual electricity usage.

The design and installation was completed by Nexamp, a solar installer working out of North Andover, Massachusetts. All told, 473 solar panels cover nearly 3,800 square feet of rooftop space. Total costs were not given, but government incentives lowered the cost of the solar installation considerably.

While the installation set a New Hampshire record for PV system size, Wire Belt CEO David Greer sees the installation as just one step in a larger plan on corporate sustainability.

“It is our goal to cut our ecological footprint by 50 percent in three years,” said Greer.

In order to meet that goal, Greer wants the company to slash in half the facility’s use of electricity, water and gas, and reduce waste by a similar proportion. The new solar PV system should help: according to U.S. Environmental Protection Agency (EPA) estimates, the PV system will offset 76.5 metric tons of CO² emissions annually.