“At Prologis, we’re committed to sustainability, and to being a force of good in the communities we serve. This community solar project is an example of what can be achieved when [we] come together for a more sustainable future,” said Andrea Marín Monterrubio at a commercial rooftop #communitysolar site as part of the NAIOP I.CON East conference. At the event, dozens of the nation’s #commercialrealestate leaders saw first-hand the benefits that community solar projects on commercial rooftops create. Solar Landscape is now leasing 100+ million sq. ft. of #CRE rooftop to generate 🔻clean energy 🔻rooftop revenue Ready to learn more? Join us for today’s I.CON East panel, or visit https://lnkd.in/e85cskaX #commsolar #naiopicon
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Bringing Solar Savings to the South Bronx: A New Partnership for Low- and Moderate-Income Residents ✅ ⚡ We're excited to announce a groundbreaking partnership between Nuveen and Perch Energy that will allow thousands of New Yorkers, including residents of four Section 8 apartment buildings in the South Bronx, to save up to 20% on their electricity bills through community solar. This innovative program expands access to renewable energy, addressing the high energy burdens many Bronxites face. By connecting residents' existing ConEdison accounts to a nearby solar farm, they can enjoy the benefits of solar power without the need for rooftop installations. Over 5,000 households across the Bronx, Brooklyn, Queens, and Manhattan will now have the opportunity to join this community solar initiative. It's a game-changer for ensuring solar energy is "truly available to all," as Perch Energy's CEO Bruce Stewart puts it. This partnership represents a crucial step towards a more equitable and sustainable energy future for the South Bronx and beyond. Together, we're empowering low- and moderate-income families to take control of their energy costs and contribute to a cleaner environment. #SolarEnergy #CommunityImpact #SouthBronx #SustainableNYC
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In a significant step towards its sustainability goals, California recently approved plans to add over 56GW of new solar, wind, and storage by 2035. This sweeping buildout aims to reduce electric sector emissions by nearly 60%. To reach the target, coordinated planning across agencies is essential, from resource procurement to transmission infrastructure. A key initiative we are excited about is the Community Solar program currently in legislation. Community solar has been proven across the country to make significant strides towards RPS goals. In anticipation of this emerging market, onCORE has been originating sites for clients’ to develop community solar projects. In 2023, onCORE Origination originated 54 new community solar projects in California alone for its clients through targeted outreach and strategic relationships. We remain bullish on the California market and will continue to originate projects in the state for years to come. *** How can your organization help transform California's clean energy targets into on-the-ground impact? Article link: https://lnkd.in/ezsvhESS
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The Department of Energy challenged the community solar industry to achieve 20 GW of community solar by 2025, up from the current 7 GW. To support this goal, the DOE announced two initiatives: the Equitable Solar Communities of Practice program and the release of the LODGE model. The Equitable Solar Communities of Practice program will provide $75,000 to five organizations to identify resource gaps and support the development of best practices for equitable solar. The LODGE model aims to identify cost-effective ways to site community solar on the grid, minimizing interconnection costs and maximizing distributed resource deployment. Read more about these initiatives and what they will add to the solar industry here: https://hubs.ly/Q02y_hdR0 . . . . #Qmerit #QmeritCertified #Electrification #SolarEnergy #RenewableEnergy
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Community solar is expected to experience significant growth in the next five years, with Wood Mackenzie projecting at least 6 GW of capacity to be added between 2023 and 2027. This expansion, at an annual average rate of 11%, is attributed to an improved policy environment and renewed developer interest. Despite 41 states and D.C. having at least one community solar project, only 22 states and D.C. currently have supportive policies in place. However, pending legislation in Michigan, Ohio, Wisconsin, Pennsylvania, and Washington, along with the development of new markets and the expansion of existing programs in New England and Minnesota, contribute to the Coalition for Community Solar Access aiming for 30 GW of community solar by 2030. https://lnkd.in/eyZjZpvh #CommunitySolar #SolarEnergy #RenewablePower #SustainableFuture #CleanEnergy ##RenewableExpansion
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Community solar is expected to experience significant growth in the next five years, with Wood Mackenzie projecting at least 6 GW of capacity to be added between 2023 and 2027. This expansion, at an annual average rate of 11%, is attributed to an improved policy environment and renewed developer interest. Despite 41 states and D.C. having at least one community solar project, only 22 states and D.C. currently have supportive policies in place. However, pending legislation in Michigan, Ohio, Wisconsin, Pennsylvania, and Washington, along with the development of new markets and the expansion of existing programs in New England and Minnesota, contribute to the Coalition for Community Solar Access aiming for 30 GW of community solar by 2030. https://lnkd.in/eyZjZpvh #CommunitySolar #SolarEnergy #RenewablePower #SustainableFuture #CleanEnergy ##RenewableExpansion
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I enjoyed participating in a panel on #VPPs yesterday at New York Solar Energy Industries Association's NYC solar + storage summit. Very timely, given the New York State Department of Public Service's recently adopted (https://lnkd.in/e4dQ44Ft) energy storage roadmap of 6GW by 2030, including 200MW for residential batteries. This is much needed to rapidly decarbonize the still highly fossil-based energy matrix. The future is bright for #solar and #storage development in New York and Lunar Energy is looking forward to contribute with the Lunar System (https://lnkd.in/gFUeRrga) and Gridshare (https://lnkd.in/gG8RZmci), our #DERMS and turnkey #VPP solution. My takeaways from the event: 💸 Good program design is key for a successful VPP or load flexibility program. Only with the right economic signals for customers sufficient enrollments can be expected 💡 NYSERDA’s residential storage upfront incentives are welcome. It would be great if complemented by a state-driven ongoing incentive in return for a peak load management service like California's DSGS program 🤝 Barriers need to be removed and alignment created between stakeholders to allow residential VPPs access the full grid (NYISO + network) value stack, the way large-scale assets already can. The New York Grid of the Future Plan (https://lnkd.in/ghtmCdjS) launched in April is promising in that context 💰 Rate modernization efforts like LIPA’s time-of-day rates should be propagated, but a mechanism is needed to allow solar customers to recoup stranded bill credits 📱 AMI data + good app experiences will help customers manage their bill more proactively 🌆 Decarbonization of Buildings, the largest carbon emitters in the state, will require significant upfront investment. Electrification of heat will move ongoing costs from the building owner to the customer's electric bill, especially in densely populated areas like NYC. Policies are being implemented to address these challenges, especially for disadvantaged communities ❄ New York will become a winter-peaking system soon, presenting the need for well-functioning markets and contributions from demand-side flexibility to ensure system reliability Thanks Noah Ginsburg and Dhruv Patel for the invitation and great event.
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The first of many planned solar installation projects on our industrial assets.
We have completed, through a joint venture with Cabot Properties a community solar project on the rooftop of an industrial building in Somerset, NJ. The project is AXA IM Alts’ first dedicated solar project in the United States and is in line with our broader responsible investment strategy which targets decarbonization, resilience against climate issues and creating and enhancing value across its assets. As part of New Jersey’s Community Solar Program, the 8,243 panels installed through the project will power c.740 homes in the community. Read the Press Release ▶ https://bit.ly/3GOVCyK #AXAIMAlts #RealEstate #Industrial
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New York City Makes 8,500 Acres Of Parking Lots Eligible For Solar Canopy Development 🌞🚗🏙️ New York City is taking a big step towards a greener future by approving a change in its zoning laws that will allow solar panel canopies to be installed over parking lots. This move will make approximately 8,500 acres of parking lots in the city eligible for solar canopy development, helping to increase renewable energy generation and reduce carbon emissions. 🌱🌎 #sustainability #renewableenergy #NYC Full Article: https://lnkd.in/dMP_xkZe
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Collaborative research with Caroline Hachem, Somil Yadav, Ph.D., and international #experts in International Energy Agency (#IEA) Task 63 on Solar Neighborhood Planning. As a part of Task, we have developed and published an initial framework of decision-making tool designed to integrate both #active and #passive #solar strategies into new and existing neighborhood design! This generalized framework supports developers and stakeholders in creating net-zero and low-carbon communities by evaluating and selecting the most appropriate solar strategies based on multiple criteria. While this is just the beginning, we plan to further enhance and refine the tool to better serve urban planning needs. #Sustainability #SolarEnergy #UrbanPlanning #NetZero #IEATask63
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Nova Scotia has recently introduced a new program for community solar that allows solar gardens to be built with a capacity of up to 10 MW each. This initiative is expected to facilitate significant growth in the solar industry while also contributing to the province's target of transitioning away from coal-based electricity by 2030. ⬇️⬇️⬇️ You can find a link to the report by Sofia Martimianakis in the comments below. ++++++ If you found this helpful, please consider sharing it with your connections and following us for similar updates. 👍🏽 #communitysolar #solarpanels #cleanenergyfuture
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