Photo voltaic developer UGE and business actual property developer Wildflower, each based mostly in New York Metropolis, accomplished their first photo voltaic mission collectively in 2019. Now 5 years into their partnership, their seventh rooftop group photo voltaic mission collectively is underneath development.
For the 2 mission-driven firms, the partnership is symbiotic. UGE leases rooftop house on Wildflower’s business and industrial buildings, the place UGE then installs its photo voltaic techniques. Wildflower offsets its carbon emissions and saves on electrical energy prices by using vitality from the photo voltaic tasks. UGE, in the meantime, earns reoccurring income from the electrical energy they generate.
UGE and Wildflower develop group photo voltaic tasks. Each UGE and Wildflower are dedicated to supporting an equitable transition to renewable vitality and have reserved roughly 40% of the electrical energy generated by their photo voltaic tasks for low- and moderate-income subscribers.
“Our long-term partnership with UGE helps Wildflower’s mission to create revolutionary, sustainable and socially useful bodily infrastructure in New York Metropolis,” stated Adam Gordon, Managing Companion of Wildflower. “We’re happy to be bringing one more group photo voltaic mission to life with UGE.”
“As a workforce based mostly in New York Metropolis, it’s at all times further rewarding for us to construct tasks that present vitality financial savings and cleaner electrical energy to our fellow New Yorkers,” stated Nick Blitterswyk, UGE’s Founder and CEO. “We’re grateful for our partnership with Wildflower, which has allowed us to deliver so many of those tasks to fruition. We sit up for persevering with to collaborate on bringing accessible clear vitality tasks to New Yorkers.
UGE and Wildflower’s first mission collectively, a 640-kW within the Bronx, was accomplished in 2019 and have become one in every of New York Metropolis’s very first group photo voltaic tasks. Now, their seventh mission, an 847-kW set up on Wildflower’s new warehouse and parking facility in Faculty Level, Queens, has not too long ago reached the discover to proceed milestone and is scheduled to complete development this summer season. As soon as this and the companions’ sixth mission — which is at present underneath development — come on-line, UGE and Wildflower can have accomplished 3.6 MW of rooftop photo voltaic collectively in better New York Metropolis.
Information merchandise from UGE
