Developer Brightcore Energy is embarking on a new solar project with Altus Power Inc. and Brennan Investment Group in New Jersey. The project will consist of 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, an international investment firm.
“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 development of the combined 7.5 MW rooftop system is expected to conclude next month.
“Renewable energy is an important facet of modern-day investment strategy, and this project helps us fulfill our goals,” said Chris Massey, managing principal of Brennan Investment Group. “Engineering and implementing this multi-building project required a true team approach with the Brightcore team to accomplish and we are very proud of the results.”
Once fully operational, it is projected to produce 8,993 MWh of electricity annually.
“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 cofounder of Altus Power. “Brennan has proven to be an important partner for Altus in developing and constructing solar projects that will benefit the entire community.”
Tags: Altus Power, Brightcore Energy, Community Solar, rooftop solar
