- Press Releases
August 3 (Renewables Now) - TurningPoint Energy on Tuesday announced it is developing 12 community solar projects in the state of Delaware with an aggregate value exceeding USD 100 million (EUR 97.8m).
The company’s Mid-Atlantic team is discussing the expansion with landowners who are interested in leasing or selling their property for solar development, as well as with residential customers keen on participating in such projects, it said in a statement.
TurningPoint Energy’s expansion into Delaware comes after the state passed a law last year to remove existing barriers to participation in its community solar programme. The legislation also increases the allowed maximum size of projects to 4 MW and stipulates that at least 15% of a projects’ customers are of low income.
“It took many months of healthy debate under the leadership of Senator Stephanie Hansen alongside a diverse group of stakeholders to finally hammer out all the details of this key piece of renewable energy legislation. We are now engaged with communities in mid-development on these projects to meet the needs of our neighbours and communities and ensure the projects are customized and developed to provide the best outcomes possible,” said Salar Naini, executive vice president of TurningPoint Energy.
(USD 1 = EUR 0.978)