Saturday, November 23, 2024

Standard Solar Acquires Solar + Storage Project from EDF Renewables North America, Advances Massachusetts toward its Clean Energy Targets

The Acton Water District in Acton, Massachusetts, will soon add an additional 1.5 megawatt (MW) solar and 2 megawatt-hour (MWh) battery storage project to their cost-saving clean energy portfolio. Standard Solar acquired the Knox Solar + Storage project from developer EDF Renewables North America and will be the long-term owner.

The project will directly supply the Acton Water District’s microfiltration treatment plant, its largest electrical load, and will allow it to benefit from discounted clean power and lease revenues from the solar and storage system. The project will also further Massachusetts’ clean energy goals to achieve Net Zero in 2050.

The system is expected to generate approximately 1,872 MWh of clean energy each year, enough to power nearly 200 Massachusetts homes for one year and offset the carbon dioxide equivalent of burning more than 700 tons of coal in one year.

This project is the second solar installation Standard Solar owns and operates for the Acton Water District. The first is the 4.7 MW solar and 4 MWh storage Lawsbrook Project, also developed by EDF Renewables. The system was constructed on land owned by the Acton Water District, previously disturbed from gravel extraction and part of the W.R. Grace Superfund Site.

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“We’re proud to continue our partnerships with EDF Renewables and the Acton Water District to accelerate solar + storage deployment in Massachusetts,” said Eric Partyka, Director of Business Development, Standard Solar. “The Knox project is the latest in a series that demonstrates our continued growth in Massachusetts and around the U.S. We look forward to adding many more projects like this one that helps save energy costs and meet sustainability goals in 2023 and beyond.”

The Knox project is part of Standard Solar’s rapidly expanding portfolio in Massachusetts and the U.S. It currently owns and operates nearly 20 MW in the state and 300 MW of commercial and community solar projects throughout the United States.

EDF Renewables is proud to deliver a second project to the Acton Water District in support of their ambitious clean energy goals while also reducing costs,” said Peter Bay, VP, Project Development for EDF Renewables. “Beyond the significant economic benefits the project will bring to the District, it embodies the intentions of Massachusetts’ SMART Program as it’s located on a superfund site while interconnecting directly to the South Acton Water Treatment Plant.”

SOURCE: Businesswire

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