New 6.1-MW rooftop community solar project will power underserved households in DC

Terreno Realty Company has introduced the completion of a 6.1-MW rooftop-hosted neighborhood photo voltaic venture in northeast Washington, D.C. Spanning roughly 700,000 ft² of rooftops, the venture is about to develop into the most important rooftop neighborhood photo voltaic array within the District, and one of the crucial important city neighborhood photo voltaic initiatives in america.

Facilitated by Black Bear Vitality, and owned by Aligned Local weather Capital with financing from DC Inexperienced Financial institution and Amalgamated Financial institution, the photo voltaic array is predicted to generate over 7 million kWh of unpolluted power yearly — sufficient to energy 965 single-family properties. Vitality produced by the venture can be provided through subscription to low- and moderate-income households, supporting the District of Columbia Sustainable Energy Utility’s (DCSEU) Solar for All initiative and bringing reasonably priced photo voltaic power to underserved communities. The photo voltaic venture is predicted to avoid wasting DC households $7.5 million over the subsequent 20 years.

“Photo voltaic is already one of the crucial reasonably priced sources of power, and neighborhood photo voltaic helps make sure that these financial savings attain those that want them most,” stated Peter Davidson, CEO of Aligned Local weather Capital. “Aligned’s funding on this venture displays our dedication to increasing entry to wash power and supporting efforts that make renewables extra broadly out there to households all through the District.”

Companions on the venture joined collectively at a ribbon-cutting ceremony celebrating the completion of the photo voltaic array.

“We’re proud to have supported Terreno Realty in driving worth to their asset and the encircling neighborhood. This venture exemplifies the dedication to offering low-cost, renewable electrical energy to the District at scale,” stated Drew Torbin, Black Bear’s founder and dresident.

Information merchandise from Aligned Local weather Capital