Norwich Technologies, Solaris Energy and Bridge Renewable Energy have completed a 700-kWAC solar project in Winthrop, Maine. The project was originated and permitted by Breakaway Renewables, the development division of Norwich Technologies, with early financing through Solaris Energy. Norwich Solar, a division of Norwich Technologies, completed the EPC work. Bridge Renewable Energy will be the long term owner of the project.
This is the first of four projects these companies are partnering on.
“Renewable energy projects bring a multitude of benefits to the region; more than just clean energy,” states Jim Merriam CEO of Norwich Technologies. “It’s our mission to create projects that have a net positive impact for multiple stakeholders; from the communities that host the projects, to our construction contractors, to our financial partners and through to the end users — the energy customers.”
Thanks to the Net Energy Billing Program, renewable energy projects provide affordable, renewable energy for small businesses across Maine, saving customers up to 15% on their electricity bill with no upfront costs.
According to Kevin Davis, VP of Sales and Marketing for Norwich Technologies, “The energy billing credits from this project in Winthrop will be going to a portfolio of high quality, affordable apartments that are managed by The Szanton Company. Saving on their operating costs via solar power helps The Szanton Company keep rents reasonable for their tenants, something that is desperately needed as rates for housing continue to climb out of the reach of many.”
“Solaris is proud to be a part of producing this greenfield development project, turning previously unused land adjacent to a farm into a clean energy source that provides energy savings to those in the surrounding community,” said Solaris Energy’s CEO and co-owner Nick Perugini. “This project represents the bright potential for solar projects to be a win-win-win as we look to increase clean-energy production to meet rising electricity demand across the country in 2025 and beyond.”
“Bridge Renewable Energy is excited to deepen our partnership with Solaris and enter the Maine market,” said Kevin Donlin, Managing Director of Investments at Bridge Renewable Energy (BRE). “The Net Energy Billing Program offers essential savings to small businesses statewide, and we’re proud to play a pivotal role. As we grow our presence in Maine, BRE is committed to developing and operating critical renewable energy infrastructure that will strengthen the state’s economy.”
The project is constructed of 1,053 fixed-tilt ground-mounted solar panels that feed energy to the grid through Central Maine Power Company and serves Maine’s Net Energy Billing Program. The array is sited on unused former farmland next to an egg farm.
News item from Norwich Solar
