Altus Power Announces New Solar & Energy Storage Asset in Massachusetts
July 25 2023 - 7:30AM
Business Wire
15 Megawatt-Hour Battery Added to Altus Power
Portfolio
Altus Power (NYSE: AMPS), the leading independent owner of
commercial-scale solar solutions, today announced the addition of a
new combined 10 megawatt solar plus 15 megawatt-hour battery
storage system located in Holliston, Massachusetts. The benefits of
the electricity generated will be delivered under long-term
agreements with a regional supermarket as well as local Community
Solar customers under the Massachusetts DOER SMART Program.
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Altus Power Battery Storage (Photo:
Business Wire)
“Battery storage is an important tool for local utilities to
ensure grid stability as they increase their reliance on renewable
electricity,” said Gregg Felton, co-CEO and co-Founder, Altus
Power. “In addition, we expect storage will increasingly be paired
with Altus Power solar arrays for customers interested in clean,
on-site backup power and electric vehicle charging.”
Solar energy systems paired with battery storage enhance the
availability of clean electricity at any time of day, independent
of weather conditions. The Holliston project was developed in
partnership with REA, one of Altus Power’s long-standing channel
partners, and adds to the 116 megawatts of solar arrays owned and
operated by Altus Power in Massachusetts (as of March 31st,
2023).
Altus Power’s portfolio across 25 states serves enterprises
committed to achieving carbon reduction goals, anchored by the
company’s distributed solar arrays. As one of the pioneers of
Community Solar, Altus Power currently serves more than 20,000
subscribers nationwide. Community Solar provides homeowners and
renters of diverse income brackets access to the benefits of clean
energy savings without requiring customers to provide their roofs
for the installation of solar panels.
About Altus Power, Inc. Altus Power, based in Stamford,
Conn., is the premier independent commercial-scale provider of
clean electric power serving commercial, industrial, public sector
and Community Solar customers with end-to-end solutions. Altus
Power originates, develops, owns and operates locally-sited solar
generation, energy storage and charging infrastructure across the
nation. Visit www.altuspower.com to learn more.
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Media Chris Shelton mediarelations@altuspower.com
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