Standard Solar acquires Rhode Island community solar portfolio from Trina Solar
Standard Solar is expanding its community solar portfolio in Rhode Island with the acquisition of a combined 6.2 MW of projects. The two ground-mount community solar projects – West Main 1 and West Main 2 – developed by Trina ISBU, a business unit of Trina Solar, are located in Portsmouth. All the power generated will be subscribed utilizing the state’s Virtual Net Metering program.
Rhode Island has some of the highest electricity prices in the country, and they are expected to continue to increase. These new projects are in National Grid territory with a mix of subscribers that includes state agencies, quasi-state agencies, municipalities, public housing authorities, public schools, private schools, non-profits, federal government and hospitals.
“Partnerships in this industry are critical to delivering successful solar projects,” said Michael Streams, Standard Solar’s Chief Development Officer. “We’re honored to be a trusted development partner of Trina’s, particularly in helping Rhode Island grow its clean energy footprint, and look forward to growing our mutually beneficial relationship as our company launches its next growth phase.”
“We are committed to developing similar systems to expand broader customer access for local, clean, and affordable community solar,” stated Linhui Sui, President of Trina Solar International Solar System Business Unit.
These projects will contribute to achieving Rhode Island’s first-in-the-nation goal to meet 100% of the state’s electricity demand with renewable energy by 2030. Combined, the arrays are expected to produce approximately 8,600 MWh of clean energy annually.
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