TurningPoint Energy (TPE) and Standard Solar will collaborate on 11.2 MW of community solar built across two projects in Kent and Sussex counties in Delaware.
In 2022, TPE committed to investing more than $100 million in projects across the state. Located in Harrington and Bridgeville, each of the projects are 5.6-MWDC single-axis tracker systems and are designed to collectively produce approximately 18,875 MWh of clean energy. Together, these projects will power nearly 1,700 homes 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’re proud to partner with Standard Solar on this inaugural 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, thereby lowering their electricity bills without the need to install solar panels on their property. Additionally, 15% of the bill savings for the projects will be set aside to benefit 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 its Renewable Portfolio Standard and community solar legislation, and with deep familiarity with Delaware’s policy and market environment, we’re well positioned to execute projects on schedule and at scale that deliver consistent value for subscribers, host communities and local organizations over the long term.”
News item from Standard Solar
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