Town of Ashland and Ameresco Celebrate Completion of Three Municipal Solar Projects
November 08 2018 - 5:05PM
Business Wire
Power Purchase Agreement is expected to provide
the Town with over 2.2 million kWh of annual energy savings and
reduce greenhouse gas emissions
Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and
renewable energy company and the Town of Ashland, are hosting a
ribbon-cutting today at the Town’s capped landfill to celebrate the
completion of the three solar photovoltaic (“PV”) facilities. The
Town partnered with Ameresco to develop the solar PV projects under
a 20-year Power Purchase Agreement (PPA). Ameresco will operate and
maintain the systems for the term of the contract to ensure optimal
energy production.
“We were happy to have a comprehensive service partner in
Ameresco to help us identify and implement a diverse set of
meaningful clean energy projects in our community. These projects
not only combat the continuing global impacts of climate change but
do so by virtually eliminating the Town’s electric bill.” Michael
D. Herbert, Town Manager, Ashland MA
Ashland’s solar projects at the Middle School Roof, the High
School Parking Lot, and the Howe Street Landfill are comprised of
more than 5,500 photovoltaic panels totaling 1,800 kW DC and
designed to generate over 2.2 million kWh of renewable electricity
each year. The annual CO2 emissions reduction of 1,632 metric tons
is equivalent to taking 350 cars off the road and annual
electricity usage of 176 homes.
“This project will contribute to the Town of Ashland realizing
its goals, under the Green Communities Program, to reduce energy
consumption and costs through the implementation of clean energy
projects in its municipal buildings, facilities, and schools,” said
David J. Anderson, Executive Vice President, Ameresco. “The three
solar projects represent a complimentary component to the larger
sustainable initiative across the municipality that included a $3.6
million comprehensive energy efficiency program, providing more
than $250,000 in annual savings in its building portfolio.”
About Town of AshlandThe Town of Ashland is an idyllic,
quintessential New England town with a rich history and strong
community. Centrally located in the Metrowest area, Ashland offers
easy access to 495, Masspike, 135 and 126. The commuter rail runs
directly through town providing quick and easy access to Boston and
Worcester making Ashland the ideal spot to settle or open a
business. Whether you are creating a business where your customers
come to you, or a business where you are always on the road,
Ashland is the perfect spot for you. For more information, visit
https://www.ashlandmass.com/.
About Ameresco, Inc.Founded in 2000, Ameresco, Inc.
(NYSE:AMRC) is a leading independent provider of comprehensive
services, energy efficiency, infrastructure upgrades, asset
sustainability and renewable energy solutions for businesses and
organizations throughout North America and Europe. Ameresco’s
sustainability services include upgrades to a facility’s energy
infrastructure and the development, construction and operation of
renewable energy plants. Ameresco has successfully completed energy
saving, environmentally responsible projects with federal, state
and local governments, healthcare and educational institutions,
housing authorities, and commercial and industrial customers. With
its corporate headquarters in Framingham, MA, Ameresco has more
than 1,000 employees providing local expertise in the United
States, Canada, and the United Kingdom. For more information, visit
www.ameresco.com.
The announcement of a customer’s entry into a power purchase
agreement is not necessarily indicative of the timing or amount of
revenue from such contract, of the company’s overall revenue for
any particular period or of trends in the company’s overall total
assets in development or operation. These projects were included in
our previously reported assets in operation as of September 30,
2018.
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version on businesswire.com: https://www.businesswire.com/news/home/20181108006036/en/
Media Contacts:AmerescoKate Cronin,
508-661-2288news@ameresco.comorTown of AshlandBeth Reynolds,
508-532-7905breynolds@ashlandmass.com
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