Source: Allume Energy
Allume Energy, RENU Communities and esaSolar have efficiently commissioned Orlando’s first behind-the-meter shared solar system in a multifamily constructing. SolShare is a {hardware} for sharing rooftop solar with a number of residences in the identical constructing.
One of the primary of its form within the U.S., the shared solar system will generate clear renewable electrical energy for Canopy Villa Apartments, a 296-unit residence advanced in Orlando. By using the SolShare know-how, residents will be capable to subscribe to a portion of the solar energy produced on the roof, offsetting the price of their particular person electrical energy payments.
Canopy is the primary asset inside the lately introduced ESG-centric enterprise between Taurus Investment Holdings LLC and Aegon Asset Management. Utilizing Taurus’ sustainable retrofit subsidiary, RENU, the partnership will purchase multifamily belongings, aiming to considerably cut back the energy consumption and carbon output of these belongings.
“This innovative partnership represents RENU’s core values of constantly evaluating and implementing tailored solutions for our projects. We are excited for this collaboration, leveraging this technology to accelerate the distribution of clean energy and improve resiliency,” says Christopher Gray, Ph.D., CTO of RENU Communities.
Orlando Utilities Commission (OUC) labored with Allume, RENU and esaSolar to evaluate and guarantee this method for Florida met its interconnection and security necessities.
RENU delivers decarbonized energy retrofits to present actual property belongings by combining state-of-the-art know-how and actual property experience to overtake present properties. For Canopy, RENU partnered with esaSolar to develop, design and set up the solar array in addition to combine the SolShare know-how to the prevailing electrical system.
“Because Orlando is one of the fastest growing cities in Florida, it needs to develop affordable housing solutions that also prioritize energy efficiency and sustainability,” states Morgan Brawner, esaSolar’s vp of enterprise improvement. As an area solar improvement and development agency, esaSolar supplied technical consulting to make sure the system would function accurately with OUC’s electrical grid.
SolShare, developed by Allume Energy, provides multi-tenanted residents entry to the environmental and financial advantages of rooftop solar with no change to the prevailing electrical energy provide and metering infrastructure because it sits solely behind the meter.
“We are thrilled to see the SolShare in this milestone project unlocking a crucial part of offering carbon-neutral living in Florida,” feedback Mel Bergsneider, Allume’s govt account supervisor. “We look forward to expanding solar access to as many Floridian tenants while contributing to OUC’s net-zero energy goals.”