Dimension Energy has completed construction of the largest third-party community solar project in the United States. Located in Inyokern, California, this project will produce 44 MW of clean energy and serve a diverse group of residential and commercial customers in the Southern California Edison service area. Beneficiaries include more than 2,000 households, supportive housing organization the Redwood Family Care Network, municipal facilities in the cities of Long Beach and Corona, and commercial buyers such as AT&T and Crown Castle.
As California continues to struggle to develop a scalable community solar program that can affordably and effectively serve residents, Dimension has secured a total of more than $100 million in project capital for the project. Partners are involved in the deal, which was completed at the end of 2023 Silicon Valley Bank (SVB), a division of First Citizens Bank, National Bank of Canada, Comerica and NT Solar.
“Dimension has unparalleled insight into the community solar markets, allowing us to identify and seize opportunities that others don’t see,” said Sam Younes, co-founder and Chief Development Officer of Dimension Energy. “We turned a struggling utility-scale site into the nation’s largest community solar project, despite enormous policy hurdles in the state, by leveraging the niche Green Tariff Enhanced Community Renewables program. Apart from our Inyokern project, this program was essentially non-functional.”
News item from Dimension
