TurningPoint Energy (TPE) and Standard Solar will collaborate on 11.2 MW of group photo voltaic constructed throughout two initiatives in Kent and Sussex counties in Delaware.
In 2022, TPE dedicated to investing greater than $100 million in initiatives throughout the state. Situated in Harrington and Bridgeville, every of the initiatives are 5.6-MWDC single-axis tracker programs and are designed to collectively produce roughly 18,875 MWh of unpolluted power. Collectively, these initiatives will energy practically 1,700 properties yearly. TPE developed the initiatives, and Commonplace Photo voltaic will personal and function them for the long run.
“This portfolio marks one other necessary milestone in our dedication to advancing Delaware’s clear power objectives by group photo voltaic,” stated Salar Naini, president of TPE. “We’re proud to companion with Commonplace Photo voltaic on this inaugural portfolio, whose long-term possession and administration will guarantee these initiatives ship lasting advantages to Delaware communities for many years to come back.”
Residents and companies within the space can subscribe to those group photo voltaic initiatives, thereby decreasing their electrical energy payments with out the necessity to set up photo voltaic panels on their property. Moreover, 15% of the invoice financial savings for the initiatives shall be put aside to learn low-income prospects.
“This primary portfolio with TPE brings collectively sturdy improvement experience and long-term possession to advance group photo voltaic in Delaware,” stated Eric Partyka, Director of Enterprise Improvement at Commonplace Photo voltaic. “Commonplace Photo voltaic acknowledges the forward-looking insurance policies the state has put in place, together with its Renewable Portfolio Commonplace and group photo voltaic laws, and with deep familiarity with Delaware’s coverage and market setting, we’re properly positioned to execute initiatives on schedule and at scale that ship constant worth for subscribers, host communities and native organizations over the long run.”
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