February 3, 2023
Seneca Solar is increasing its strategic partnership with Alternative Energy Development Group (AEDG) to develop greater than 55 MW in solar energy initiatives with a complete capital expenditure of $135 million.
A developer of business and industrial clear energy initiatives, AEDG was the primary companion to hitch Seneca Solar’s Certified Partnership Program. Seneca Solar is the energy options division of Seneca Holdings LLC, which is wholly owned by the Seneca Nation.
Together, Seneca Solar and AEDG have been working to advance renewable energy developed and managed by Native communities. The partnership is devoted to reversing the extractive mannequin of energy improvement on Native lands in order that these communities can acquire energy sovereignty by participation within the clean-energy financial system.
In partnering with a Tribally owned developer of renewable energy initiatives, AEDG is centering its work on local weather justice. The expanded partnership will gasoline AEDG’s progress whereas constructing the capabilities of Seneca Solar.
As a part of the enlargement, Seneca Solar is partnering with AEDG to offer mission administration experience, which leverages the capabilities of the $300 million enterprise of Seneca Holdings. Kevin Ademu-John will be a part of Seneca Solar to combine the corporate’s program administration experience with AEDG’s rising portfolio. Ademu-John most not too long ago labored at Tesla, the place he managed giant portfolios of residential solar initiatives, in addition to motor and Powerwall initiatives.
“Our collaboration with Seneca Solar enables us to support customers in the achievement of their ESG goals while also helping underserved communities around the world gain economic self-determination,” stated Chris Fraga, founder and CEO of Alternative Energy Development Group.
Seneca Solar and AEDG have collaborated since early 2022. Previous initiatives embody conducting an in depth feasibility evaluation for a Fortune 100 world firm on a ten MW solar mission in Papua New Guinea. The mission could be constructed, owned and operated by native Indigenous communities.
“AEDG has been an ideal partner for Seneca Solar as we work to support Native and other underserved communities with Earth-healing solutions,” stated Jeffrey Ellis, CEO of Seneca Holdings. “Together, we are showing the mutual benefit of a more traditional company collaborating with a Tribally owned company. These new projects will enable both companies to expand our reach and impact beyond what either could do alone.”
Working carefully with AEDG, Ademu-John will assist handle 5 portfolios of distributed technology initiatives throughout a number of U.S. states:
- The largest of the portfolios contains 32 MW in 5 solar initiatives within the Northeast. The initiatives will serve municipalities, low-to-moderate-income (LMI) households, and business offtakers.
- In California, two solar initiatives totaling 4.9 MW will serve industrial clients.
- Two solar initiatives totaling 1 MW will serve retail clients within the Mid-Atlantic area.
- A 14 MW portfolio of three solar initiatives will serve a serious U.S. retail buyer’s headquarters and distribution facilities within the Mid-Atlantic and the Southwest.
- An energy-efficiency mission for an agricultural buyer in New England will generate energy and thermal warmth, offering redundant prime power and backup power. The 4 MW mission is projected to cut back the client’s electrical energy prices by 20% whereas rising their energy effectivity.
“I look forward to leveraging the experience I gained at Tesla to help AEDG and Seneca Solar expand their offerings,” stated Ademu-John. “The partnership is combining the strong capabilities of both companies with a focus on energy equity to serve communities who have been left out of the clean-energy transition for too long.”
In addition to serving to Native communities develop and profit from renewable energy initiatives, Seneca Solar and AEDG are serving to corporations of all sizes amplify the impacts of their Environmental, Social, and Governance (ESG) packages.
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Tags: Alternative Energy Development Group (AEDG), Community Solar, LMI, Seneca Solar, Tribal Communities, utility-scale
