Renewables

Real Estate firm, C&I Clean Energy provider partner on Maryland rooftop Community Solar

March 28, 2022

The investment wing of real estate management giant CBRE and clean electrification firm Altus Power plan to install and operate approximately 20 MW of rooftop community solar projects on CBRE IM-owned logistics facilities in Maryland.

The projects will provide renewable energy to residential customers and CBRE IM logistics tenants in the state. These projects are expected to produce savings for about 5,700 residential customers in Maryland. Over 30% of the electricity generated from the projects will be supplied to low- and moderate-income residential customers in the state.

Future plans include adding energy storage and EV charging to the facilities.

CBRE Investment Management CEO Chuck Leitner said, “Our collaboration with Altus Power will greatly advance our sustainability goals and support the transition to clean energy. This initiative is an excellent example of how we use scale to make our portfolio more resilient, profitable and sustainable.”

More Community Solar coverage in EnergyTech

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Data services firm Markley signs PPA with Borrego

ComEd launches 3.5-MW Community Solar farm in Illinois

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About the Author

EnergyTech Staff

Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

He can be reached at [email protected].

EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.