TurningPoint Energy (TPE) and Standard solar energy will collaborate on 11.2 MW of community solar built across two projects in Kent and Sussex counties in Delaware.
In 2022, TPE has committed to investing more than $100 million in projects across the state. The projects, located in Harrington and Bridgeville, each have a capacity of 5.6 MWdirect current single-axis tracker systems and are designed to collectively produce approximately 18,875 MWh of clean energy. Together, these projects will provide electricity to almost 1,700 households annually. TPE developed the projects and Standard Solar will own and operate them for the long term.
“This portfolio marks another important milestone in our commitment to advancing Delaware’s clean energy goals through community solar,” said Salar Naini, president of TPE. “We are proud to partner with Standard Solar on this first portfolio, whose long-term ownership and management will ensure these projects deliver lasting benefits to Delaware communities for decades to come.”
Residents and businesses in the area can subscribe to these community solar projects and reduce their electricity bills without having to install solar panels on their property. In addition, 15% of bill savings for the projects will be set aside for the benefit of low-income customers.
“This first portfolio with TPE brings together strong development expertise and long-term ownership to advance community solar in Delaware,” said Eric Partyka, Director of Business Development at Standard Solar. “Standard Solar recognizes the forward-looking policies the state has put in place, including the Renewable Portfolio Standard and community solar legislation, and with deep familiarity with Delaware’s policies and market environment, we are well positioned to execute projects on time and at scale that deliver consistent value to subscribers, host communities and local organizations over the long term.”
News item from Standard Solar
