Summit Ridge Energy, Black Bear Energy preparing 2.7-MW community solar project in Maryland
- Summit Ridge Energy is financing a 2.7-MW community solar project with development aid from Black Bear Energy. Both solar projects amounting to 2.7 MW in dimension will certainly be had and operated by SRE as well as hosted on two of real estate investor BentalGreenOak's commercial possessions.
" It is inherent in our financial investment ideology to explore innovative and meaningful means to create link factors between our properties and also the communities that surround them, in order to produce economic, ecological and social advantages. In collaboration with Black Bear Energy and Summit Ridge Energy, we are demonstrating that commercial assets can likewise achieve these objectives by using useful rooftop square video to accurately supply tidy energy back to the local grid," said Mark Reinikka, taking care of director of UNITED STATE possession administration, BentallGreenOak.
Once functional in early 2022, both rooftop systems will certainly join Maryland's community solar program to offer eco-friendly power to local residents as well as services as well as are anticipated to create 3,498,755 kWh of electrical power, enough to power approximately 300 residences for one year.
" Summit Ridge Energy remains to be the nationwide leader in financing community solar projects as well as is thrilled to partner with BGO as well as Black Bear Energy to construct one more project in Maryland. SRE anticipates starting building and construction on this large-scale roof solar array," claimed SRE's Vice Head of state of Company Growth Nate Greenberg.
Drew Torbin, Black Bear Energy's CEO, included: "It is amazing to work with clients like BGO that capitalize on community solar chances to produce worth not just for themselves but also for the higher community. We are proud to sustain our clients' efforts in raising renewable resource generation and also offering inexpensive sustainable power to the bigger community."