Altus Power Announces New 1.7 MW Solar Project in Northern California
January 22 2025 - 8:00AM
Business Wire
Altus Power (NYSE: AMPS), the largest commercial-scale provider
of clean electric power, today announced the completion of a 1.7 MW
rooftop solar project at 700 Crocker Drive in Vacaville, CA, an
839,000 square foot distribution center. The solar array, part of
California’s Net Energy Metering 2.0 program, is designed to meet
nearly 80% of the distribution center’s annual energy consumption,
providing the power it generates at a discounted rate. It is also
expected to reduce emissions by 1,000 metric tons of CO2 annually
and 35,000 metric tons over its useful life.
“Projects like this showcase the dual benefits of
commercial-scale solar,” said Brett Phillips, Altus Power’s
Director of Western US. “The project will deliver clean energy over
its 35-year useful life to the facility while also reducing
operating costs for users and increasing asset value for the
property owner. We’re proud to support the facility’s
sustainability goals and promote the value of renewable energy
across the state of California.”
The project will deliver significant benefits to the building
owner, including new rental streams and discounted energy rates.
The project adds to Altus Power’s footprint of 120 MWs of solar
assets across The Golden State.
Altus Power’s portfolio across 25 states serves enterprises
committed to achieving carbon reduction goals. As a full service,
end-to-end commercial-scale solar provider with a long-term
ownership mindset, Altus Power generates clean electric power near
the place of consumption, alleviating incremental transmission
requirements.
About Altus Power
Altus Power, based in Stamford, Conn., is the largest
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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version on businesswire.com: https://www.businesswire.com/news/home/20250122106717/en/
Media Contact Jenny Volanakis mediarelations@altuspower.com
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