Normal Photo voltaic has acquired a 12 MW neighborhood photo voltaic venture portfolio from New Leaf Power.
The three initiatives, based mostly in Chatham and Kilmarnock, mark the corporate’s debut in Virginia’s neighborhood photo voltaic market and symbolize a step ahead within the commonwealth’s journey towards a solar-powered future.
“These neighborhood photo voltaic initiatives are extra than simply an essential addition to our portfolio; they signify our unwavering dedication to increasing entry to photo voltaic for all,” says Normal Photo voltaic’s Harry Benson.
“By offering localized job alternatives and important allocations for low- and moderate-income prospects, these initiatives embody our imaginative and prescient of a cleaner, extra equitable power future. Past that, they strengthen our long-standing partnership with New Leaf Power, underscoring our joint dedication to advancing renewable power options within the communities we serve.”
The Kilmarnock initiatives, with a mixed capability exceeding 7 MW, are solely allotted to low- and moderate-income prospects. As soon as accomplished, the single-axis tracker techniques are anticipated to generate an estimated 19,811 MWh of fresh power yearly.
“New Leaf Power’s mission is to speed up the transition to a world powered by renewable power,” provides New Leaf’s Brendan Neagle. “Neighborhood photo voltaic initiatives are an integral piece of that world, and we’re so proud to companion with Normal Photo voltaic as they spend money on that mission in Virginia.”
