DSD, Black Bear Energy complete series of solar projects in Pleasanton, California

Apr 27, 2023 03:50 PM ET
  • DSD Renewables as well as Black Bear Energy have actually finished building on 2 separate project portfolios in Pleasanton, California.
DSD, Black Bear Energy complete series of solar projects in Pleasanton, California
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Initially, a two-project, 554-kW system was installed at the Signature Center office buildings, owned by an account taken care of by Principal Asset Management, through its committed real estate investment team. The 282-kW and 272-kW solar systems were set up behind the meter as well as will certainly serve a huge portion of the buildings' electricity needs.

Constructed and had by DSD Renewables, and promoted by Black Bear Energy, these solar projects are the very first in a series of 4 workplace campuses possessed by Principal Asset Management handled accounts to mount solar. The continuing to be solar systems will begin building in late summer 2023 as well as will consist of roof solar, canopy solar, and energy storage space.

Second, a two-project, 1.4-MW system was finished at Pleasanton Corporate Commons, taken care of by Hines and owned by an entity advised by UBS Asset Management. The 957-kW as well as 429-kW setups will offset a lot of the campus' energy lots.

Helped With by Black Bear as well as developed by DSD, the canopy projects offer the benefit of protected car park for the adjacent office buildings, in addition to accessibility to lower-cost, onsite solar power for tenants. DSD will certainly own as well as operate the projects long-lasting.

" Net zero commitments are a rapidly increasing emphasis for both proprietors as well as tenants alike. As even more count on renewable resource to meet these goals, we're happy to be a part of these projects that push the sector in the ideal direction, while conserving cash for all celebrations entailed with low-priced, clean electricity," stated Drew Torbin, Black Bear's President.

" We functioned very closely with Black Bear Energy and also UBS to bring these projects throughout the finish line and also are thrilled to see the impact they can deliver to the Pleasanton area," claims Dan O'Brien, Vice President of Commercial Origination at DSD. "We anticipate remaining to aid our business and real estate customers open the worth of solar via onsite remedies like these."


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