Renewable Properties, a developer and investor in small-scale utility and neighborhood photo voltaic initiatives, is including two new initiatives to its rising portfolio with MCE, California’s first neighborhood selection aggregator (CCA).
The 2 new Renewable Properties initiatives are the primary main photo voltaic initiatives within the Byron space, situated in unincorporated Contra Costa County, California. The 5-MW Byron Freeway Photo voltaic undertaking, which accomplished development in August 2022, will generate sufficient power to energy 2,069 California properties per yr. The 1 MW Byron Sizzling Springs Photo voltaic undertaking will probably be accomplished in 2023 and can generate sufficient power to energy 384 properties per yr.
MCE’s revolutionary Feed-in Tariff (FIT) program made these initiatives potential by providing an incentivized cost construction for renewable power initiatives in-built its service space. MCE’s FIT program has been instrumental in constructing native renewable power initiatives that present native jobs with prevailing wages and environmental advantages by pollinator-friendly floor cowl. Laborers’ Native 324, Working Engineers Native 3, Piledrivers Native 34, Teamsters Native 315, and IBEW Native 302 & Native 595 supplied native labor for the Byron initiatives.
“We’ve been working with MCE for the reason that founding of Renewable Properties,” mentioned Aaron Halimi, founder and CEO of Renewable Properties. “Our rising portfolio of six MCE initiatives is a mirrored image of MCE’s assist for constructing clear power communities and increasing photo voltaic improvement in Northern California with their revolutionary FIT program. We look ahead to persevering with our sturdy partnership with MCE and furthering California’s clear power targets.”
The Byron initiatives had been the primary to be permitted beneath Contra Costa County’s newly adopted Photo voltaic Vitality Ordinance, which incorporates restrictions to restrict the environmental affect on delicate habitats and agricultural lands. Each initiatives are taking part within the East Contra Costa Habitat Conservancy’s Habitat Conservation Plan. Byron Sizzling Springs will reseed disturbed areas with a local pollinator seed combine authorized by the Conservancy.
“MCE launched our FIT program in order that we may construct native renewable power and a inexperienced financial system on the identical time,” mentioned Daybreak Weisz, CEO of MCE. “Renewable Properties has been a significant accomplice on this, supporting native jobs, and creating ecosystem advantages with the addition of pollinator-friendly floor cowl on their photo voltaic initiatives.”
Information merchandise from Renewable Properties