Spotlight: Solar Parking Meters Installed at 2 Universities

Schlumberger Ltd. said it equipped parking lots at UC Berkeley and San Francisco State with meters that can run on solar power and take credit cards or currency. Terms of the transactions weren’t disclosed. New York-based Schlumberger, the world’s largest oil field service company, has a parking meter unit that has installed 80,000 meters for about 500,000 parking spaces worldwide. The meters accept coins, paper money and credit cards and dispense tickets for motorists.