Terreno Realty Corporation has announced the completion of a 6.1-MW rooftop-hosted community solar project in northeast Washington, D.C. Spanning approximately 700,000 ft2 of rooftops, the project is set to become the largest rooftop community solar array in the District, and one of the most significant urban community solar projects in the United States.
Facilitated by Black Bear Energy, and owned by Aligned Climate Capital with financing from DC Green Bank and Amalgamated Bank, the solar array is expected to generate over 7 million kWh of clean energy annually — enough to power 965 single-family homes. Energy produced by the project will be offered via subscription to low- and moderate-income households, supporting the District of Columbia Sustainable Energy Utility’s (DCSEU) Solar for All initiative and bringing affordable solar energy to underserved communities. The solar project is expected to save DC households $7.5 million over the next 20 years.
“Solar is already one of the most affordable sources of energy, and community solar helps ensure that these savings reach those who need them most,” said Peter Davidson, CEO of Aligned Climate Capital. “Aligned’s investment in this project reflects our commitment to expanding access to clean energy and supporting efforts that make renewables more widely available to households throughout the District.”
Partners on the project joined together at a ribbon-cutting ceremony celebrating the completion of the solar array.
“We are proud to have supported Terreno Realty in driving value to their asset and the surrounding community. This project exemplifies the commitment to providing low-cost, renewable electricity to the District at scale,” said Drew Torbin, Black Bear’s founder and dresident.
News item from Aligned Climate Capital
