Brightcore Energy Introduces 7.5 MW Rooftop Community Solar Project with Altus Power and Brennan Investment Group
Brightcore Energy has partnered with Altus Power and Brennan Investment Group to introduce a 7.5 MW community solar project.
The project will include more than 16,000 solar panels in arrays across the rooftops of 19 properties owned in a joint venture between Brennan and Global Gate Capital.
“We are pleased to have the opportunity to work with Altus Power and Brennan to develop this project to bring green, sustainable energy to the surrounding communities. This project was rather unique in that it encompassed so many locations within one project. There was quite a bit of coordination to align all the logistics,” said Mike Richter, President of Brightcore Energy.
The rooftop community solar project is anticipated to produce 8,993 MWh of electricity annually, which is the equivalent CO2 emissions reduction of burning 7,138,941 lbs. of coal and the equivalent greenhouse gas emissions of removing 1,418 gas-powered vehicles from the road for one year or 16,337,962 miles driven, once operational.
The rooftop system is expected to be developed by December 2023.
“New Jersey has one of the fastest growing community solar programs in the country and Altus Power and Brightcore Energy have been working together to make this program a reality,” said Gregg Felton, co-CEO and co-Founder at Altus Power. “Brennan has proven to be an important partner for Altus in developing and constructing solar projects that will benefit the entire community.”