A 1.038-MW photo voltaic carport is now full at Ridgefield Excessive College in Connecticut. The system is estimated to ship $1.5 million in financial savings over the following 25 years for the varsity. The challenge was a partnership between Davis Hill Development and the Connecticut Green Bank.
A 1.038-MW photo voltaic carport set up at Ridgefield Excessive College in Connecticut.
“This challenge is a superb instance of what’s potential when forward-thinking communities and powerful companions come collectively,” stated Micah Brill, VP of asset administration at Davis Hill Growth. “Ridgefield had a transparent imaginative and prescient, and with the help of the Inexperienced Financial institution and Patriot Renewable Power Capital, we have been capable of carry that imaginative and prescient to life–delivering actual financial savings, clear power, and long-term worth to the city.”
The challenge was financed via an revolutionary construction that included help from the Connecticut Inexperienced Financial institution and a tax fairness funding from Patriot Renewable Energy Capital. AEC Solar served because the EPC contractor, finishing the carport on an accelerated summer time schedule to keep away from disruptions to the varsity yr. The challenge additionally benefited from federal funding tax credit enabled by the Inflation Discount Act – highlighting how supportive nationwide insurance policies can translate into native price financial savings and environmental impression.
“On the Inexperienced Financial institution, we’re all the time seeking to foster partnerships that make the advantages of unpolluted power tasks a actuality, together with creating vital power financial savings and supporting jobs in our communities,” stated Mariana Cardenas Trief, director of investments at Connecticut Inexperienced Financial institution. “That is the newest of a number of photo voltaic tasks that now we have labored with DHD Renewables and the City to finish, and we’re proud to proceed this help as they cut back their power prices and transfer Connecticut nearer to its clear power objectives.”
The photo voltaic system is uniquely built-in into 4 separate town- and school-owned electrical meters, permitting for optimum use of on-site photo voltaic manufacturing and full participation in packages like Connecticut’s Non-Residential Renewable Power Options (NRES), Zero Emission Renewable Power Credit (ZRECs), and Class I RECs.
Information merchandise from Connecticut Inexperienced Financial institution
