A 4 MW solar project has become operational in the town of Johnson, R.I.
Altus Power America Inc. and Reservoir Road Holdings LLC combined efforts to develop and construct the ground-mounted system.
Reservoir served as the developer for the project, which is estimated to produce approximately 5.3 million energy credits in its first year of operation. Altus, an investor and owner of solar generation projects, funded the construction and development of the array and will serve as the long-term owner and operator.
The clean energy generated by the project is expected to significantly reduce the electric bills of the local Cranston Public Schools through the transfer of net metering credits. The agreement between the school district and Altus allows the district to receive energy credits on its utility bill from the remotely located installation.
“We are proud to have partnered with Altus on this flagship project that serves as an example of the benefits solar can bring to the State of Rhode Island,” says Attorney Joe Shekarchi of Warwick, who was instrumental in obtaining the local permits for the project.
“Altus is pleased to partner with Reservoir Road Holdings, Cranston Public Schools and the Town of Johnston to bring clean, affordable energy to the local community,” adds Lars Norell, managing partner of Altus Power.
At present, Altus has more than 130 MW of solar PV across 110-plus projects, including five others in Rhode Island.