April 10, 2023
Greenskies Clean Focus has put in a solar photovoltaic (PV) system at Brownstone Intermediate School in Portland, Connecticut. The 67 kW system is projected to avoid wasting the Portland greater than $10,000 yearly in energy prices and greater than $206,000 over the time period of the power buy settlement (PPA).
“We are proud to partner with Connecticut Green Bank and the Town of Portland to help reduce operating costs for years to come with the addition of clean, renewable solar power,” mentioned Stanley Chin, president and CEO of Greenskies.
The venture was a part of the Connecticut Green Bank’s Solar Municipal Assistance Program (MAP), which makes each step of the solar course of simpler for cities. Portland is among the first cities to finish this system which is now in its fourth 12 months helping dozens of cities with solar help.
“We are thrilled to have this new solar system installed and active in Portland,” Ryan Curley, first selectman for the city. “Being able to help the environment while at the same time saving on our energy costs is an enormous win-win for everyone.”
Through Solar MAP, the Green Bank offers technical help to municipalities to develop solar PV initiatives on municipal buildings, similar to city halls, emergency companies buildings, faculties and extra. The Green Bank additionally offers financing for the solar techniques by way of a PPA, which permits the municipality to entry solar with no upfront set up prices, no new debt to incur, and no operations and upkeep prices.
“As one of our first group of Solar MAP towns, Portland has been an excellent partner as the Green Bank team supported the project from inception through completion,” mentioned Mackey Dykes, VP of financing packages on the Green Bank. “We are excited to see this solar installation at Brownstone energized and begin saving the school money.”
Inclusive Prosperity Capital (IPC), a non-profit funding fund devoted to financing clear energy initiatives that profit historically underserved markets and initiatives, is partnering with the Green Bank to personal and preserve the system.
“This project is a perfect example how effective partnerships between mission-aligned organizations can expand access to clean energy,” mentioned John D’Agostino, managing director at IPC.
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Tags: Community Solar, Greenskies Clean Focus, rooftop solar