Radial Power has installed a 4.6 MWdc multimodal solar system named the Kelso Drive solar project for Marshfield Business Park in Baltimore as part of the Maryland Community Solar Program to reduce the carbon footprints of real estate portfolios.
With a comprehensive design, the project has integrated rooftop solar panels and carport solar structures on industrial buildings within Marshfield Business Park to generate maximum energy and optimize the available space. It will offset more than 4,110 metric tons of CO2 annually, equivalent to removing 915 gasoline cars from the road every year.
"We are committed to helping America's largest property owners decarbonize their assets, meet their ESG objectives, and deliver renewable power directly into local communities,” said John Bates, Chief Executive Officer of Radial Power.
Currently, Marshfield Business Park, owned by an affiliate of Starwood Capital Group, is equipped with solar technology to support environmental conservation and improve the property's value and functionality.
Due to the project, Baltimore will witness benefits directly offered to local residents through electricity bill savings.
"Deployment of renewable energy is an important part of our ESG strategy at Starwood Capital, and this project aligns well with our commitment to environmental responsibility,” said Andrea Pierce, a Managing Director of Starwood Capital. “The solar installations will not only add value to the property but also offer the local community lower energy costs and a sustainable work environment."