Kearsarge Energy announced Sept. 3 the successful completion of its second portfolio of Massachusetts SREC I Solar PV Projects, totaling 15.4 MW across six sites.
“We are pleased to continue our leadership role in meeting the Solar Carve-Out Goals of the Commonwealth as one of the top three Solar Energy Developers in the State,” said Andrew Bernstein, Managing Partner of Kearsarge Energy. “We look forward to extending the strong relationships we have cultivated with multiple municipalities, a public university, three municipal light departments, public schools, a publicly-traded corporation, and a series of public and private landowners. We are able to offer our partners not only an opportunity for real environmental impact, but also substantial economic value.”
Kearsarge’s latest projects, located in Hubbardston, Concord, Barre, Chicopee, and Chester, range in size from 870 kW to 6 MW. Sites include former agricultural land, a capped public landfill, a former ski hill, and surplus industrial land adjacent to an air base. Kearsarge owns all projects and operates them out of its company headquarters in Watertown, Massachusetts.
Kearsarge is currently developing more than 100 MW of projects, including a portfolio of Massachusetts SREC II Projects, as well as projects in New Hampshire, New Jersey, New York, Rhode Island, Vermont, and the Southeast.
Kearsarge Energy, a leading renewable energy project development, finance and asset management company, was formed in 2009 by a group of energy professionals with the belief that Kearsarge could create long-term economic and environmental value by working closely with local communities while leveraging its access and experience with project finance. Kearsarge has developed more than 35 MW and $100m of projects and has an additional 100 MW under development. For more information, visit www.kearsargeenergy.com.