We are thrilled to announce the launch of our first project through the Neighborhood Solar Equity initiative. We have partnered with community centered solar developer, Community Renewable Energy to install 1.1 mW on Georgetown’s campus, making it one of the largest on site solar arrays in Washington, D.C.
Through an innovative project model the system will produce renewable energy for the University and amplify the benefits of solar for the District of Columbia.
We created the model to serve the energy needs of the University, while also ensuring the surrounding neighborhoods benefit from the renewable energy. Profits from the system have been dedicated by the partners toward reinvestment in DC neighborhoods, including through a “Community Investment Fund” which, in collaboration with Georgetown University, will support clean energy projects in low-income areas of the District.
The project is expected to generate about 1.5 million kilowatt-hours of power each year, contributing to a cleaner electric grid and offsetting an estimated 25,506 US tons of CO2 in it’s lifetime, which is the equivalent of planting 593,300 trees in D.C. Installed at no cost to the university, the project is expected to save the university over $3 million on energy costs over 20 years. Furthermore, it’s anticipated to catalyze over $1.5 million more in local community investment.
Read more about our Neighborhood Solar Equity initiative, access the Georgetown University Solar- Press Release 4.22.17, or read more from our friends at Georgetown.