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

March 28, 2022
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

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

New York projects secure $88M in funding

Data services firm Markley signs PPA with Borrego

ComEd launches 3.5-MW Community Solar farm in Illinois

Subscribe to EnergyTech's free, tri-weekly newsletter for more stories on the C&I Energy Transition