Renewable Properties, a developer and investor in small-scale utility, neighborhood photo voltaic, power storage, and electrical automobile (EV) infrastructure initiatives, added 50 MW of accomplished initiatives to its portfolio in 2024, the corporate introduced on Jan. 21. The initiatives, positioned in 4 states, include conventional neighborhood photo voltaic initiatives, utility-administered neighborhood photo voltaic serving low-income communities, and conventional utility photo voltaic.
5 of the neighborhood photo voltaic initiatives, totaling greater than 18 MW, got here on-line in New York State. Three of these, in Batavia and the Village of Minoa, had been accomplished in July. The Slayton Settlement Highway Photo voltaic A & B initiatives within the city of Lockport are notable additions for his or her use of agrivoltaics. Accomplished in February and March of 2024, the arrays incorporate the world’s sheep farmers for floor cowl vegetation administration and have a reserved space designated for beekeeping.
As well as, the Slayton websites are seeded with a seed combine to boost the pollinator habitat for the residing honeybees in addition to to enhance the dietary grazing worth for the sheep. These dual-use initiatives assist the New York area’s cultivation of honey, wool, lamb meat, and different associated merchandise, sustaining the agricultural manufacturing worth of the property and permitting the landowner to maintain the third-generation natural dairy farm in his household.
Three California initiatives had been introduced on-line in late 2024 within the cities of Chowchilla and El Nido. Totaling almost 15 MW, the initiatives are a part of PG&E’s Deprived Communities (DAC) Inexperienced Tariff program, which is designed to advertise the set up of renewable technology in deprived communities as recognized by CalEnviroScreen. This system incentivizes builders to construct initiatives in these communities and to supply energy from the initiatives to low-income households through a 20% invoice credit score.
Maine had three Renewable Properties neighborhood photo voltaic initiatives come on-line in 2024, with a undertaking in Manchester finishing building in July, a undertaking in Winslow accomplished in August, and a undertaking in Bangor accomplished in November. The Maine initiatives complete greater than 11 MW.
In North Carolina, a 6.62-MW undertaking in Gibson was accomplished in November. The undertaking is taking part within the Qualifying Facility program accessible in North Carolina.
“The 50 MW of initiatives Renewable Properties introduced on-line in 2024 are furthering our mission to drive power ahead for native communities,” stated Aaron Halimi, founder and CEO of Renewable Properties, which has operated since 2017. “These initiatives exemplify how we accomplish that mission, with a majority of them being neighborhood photo voltaic initiatives bringing communities a number of advantages, similar to power invoice financial savings, native jobs, elevated income, and native environmental advantages.”
Renewable Properties this 12 months is constructing new EV charging hubs for last-mile supply fleets within the San Francisco Bay Space, and the corporate has 235 MW of photo voltaic in operation or in building throughout 51 initiatives. For 2025, Renewable Properties expects one other 90 MW to be accomplished from its 1.2-GW photo voltaic, power storage, and EV infrastructure improvement pipeline.
—POWER edited this content material, which was contributed by Renewable Properties‘ media relations crew.
