Standard Solar announced it has added another commercial PPA to its portfolio with an unnamed Maryland-based healthcare system. The completed and operational 13.7-MW Costen Solar Farm in Pocomoke City, Maryland, will supply the healthcare system with electricity under a 20-year PPA with Standard Solar, the project’s owner and operator.
“Healthcare systems are among the most energy-intensive institutions in our communities, and projects like this show how PPAs can help them decarbonize without financial or operational risk,” said Mike Streams, chief development officer at Standard Solar. “By structuring agreements that remove upfront costs and deliver predictable clean energy, we’re enabling healthcare providers and other large energy users to meet sustainability commitments, lower emissions and focus resources where they matter most — on patient care.”
Hospitals are known for high energy demands due to their 24/7 operations and the constant need for power for lighting, heating, cooling and life-saving medical equipment. In the United States, hospitals contribute to 8.5% of the nation’s greenhouse gas emissions, with the average hospital using more energy per ft2 than any other commercial building.
“Partnering on the Costen Solar Farm shows how Standard Solar can deliver clean energy solutions in sectors with the highest energy demands,” said John Finnerty, director of business development at Standard Solar. “This project is a model for other large energy consumers in Maryland, proving that clean power can be delivered efficiently into PJM accounts while advancing sustainability and financial goals. It’s also a testament to the strong collaboration between our team, Choptank Electric Cooperative and PJM.”
News item from Standard Solar
