Dynamic Energy Solutions closes on massive commercial solar project in Maine
Dynamic Energy Solutions has closed and commenced on the construction of a 6.6 MWdc ground-mounted solar array in Norridgewock, Maine. The project includes a milestone offtake agreement with Albertsons Companies and is among the first and largest commercial solar installations in Maine’s rapidly growing solar market. The fully operational 6.6 MW system can be expected to generate over 8.5 million kWh per year of solar energy for many of Albertsons Companies Shaw’s store locations throughout the Central Maine Power utility territory.
“This system will not only provide the benefits of clean and renewable energy for Albertsons Companies, but also serves the future needs of Mainers by addressing the threats of climate change,” said John Conley, Dynamic Energy’s President (and Bath, Maine native). “Our team is proud to continue its development work in Maine and support the state’s Renewable Portfolio Standard goal of 100% renewable electricity by 2050.”
Earlier in 2021, Albertsons Companies committed to setting a science-based target to reduce CO2 emissions. The company plans to leverage innovative partnerships, like that of Dynamic Energy and Soltage, to meet their climate goals.
“Delivering solar energy to our Shaw’s stores in Maine aligns with Albertsons Companies’ commitment to continue making a meaningful difference in our neighborhoods and reducing our climate impacts,” said Suzanne Long, Group Vice President of Strategic Sourcing & ESG at Albertsons Companies. “This project with Dynamic Energy and Soltage represents a major step in working toward our science-based reduction goals.”
Based on key site criteria in 2019, Dynamic Energy was able to find and purchase an area of land while delivering the landowner a reliable and long-term annuity income stream. Consistent with Dynamic Energy’s solar siting practices, the field underneath the panels is comprised of a mixture of grasses and flowers to maintain the ecology of the land for pollinators, further enhancing the local benefits of the system.
After securing the land, Dynamic Energy introduced its trusted finance partner Soltage, a national Independent Power Producer. In partnership with Soltage, Dynamic Energy has brought over 8 MWs of commercially operational solar capacity onto the grid.
“We’re proud to blaze a trail in Maine’s growing market, with our friends at Dynamic Energy,” said Jesse Grossman, CEO and Co-Founder of Soltage. “It’s critical to support American businesses as they move forward to adopt clean energy to decarbonize their operations, and we’re happy to be part of their transition.”
In addition to the development and disposition of the project, Dynamic Energy is also providing EPC services for the project. Dynamic Energy is expected to complete construction, installation, and final commissioning in late 2021.
Comments are closed here.