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Standard Solar acquires Rhode Island community solar portfolio

October 23, 2022
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Standard Solar acquires Rhode Island community solar portfolio
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By Chris Crowell October 19, 2022

Standard Solar is increasing its group photo voltaic portfolio in Rhode Island with the acquisition of a mixed 6.2 MW of tasks. The 2 ground-mount group photo voltaic tasks – West Important 1 and West Important 2 – developed by Trina ISBU, a enterprise unit of Trina Photo voltaic, are situated in Portsmouth. All the ability generated will likely be subscribed using the state’s Digital Web Metering program.

Rhode Island has among the highest electrical energy costs within the nation, and they’re anticipated to proceed to extend. These new tasks are in Nationwide Grid territory with a mixture of subscribers that features state companies, quasi-state companies, municipalities, public housing authorities, public faculties, personal faculties, non-profits, federal authorities and hospitals.

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“Partnerships on this trade are vital to delivering profitable photo voltaic tasks,” mentioned Michael Streams, Customary Photo voltaic’s Chief Improvement Officer. “We’re honored to be a trusted growth associate of Trina’s, significantly in serving to Rhode Island develop its clear vitality footprint, and sit up for rising our mutually useful relationship as our firm launches its subsequent development section.”

“We’re dedicated to growing comparable techniques to increase broader buyer entry for native, clear, and inexpensive group photo voltaic,” said Linhui Sui, President of Trina Photo voltaic Worldwide Photo voltaic System Enterprise Unit.

These tasks will contribute to reaching Rhode Island’s first-in-the-nation objective to satisfy 100% of the state’s electrical energy demand with renewable vitality by 2030. Mixed, the arrays are anticipated to supply roughly 8,600 MWh of fresh vitality yearly.

See also  EU generated record 12% of electricity from solar in summer 2022

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Tags: Group Photo voltaic, Customary Photo voltaic, Trina Photo voltaic, utility-scale

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