Two SMART Projects from Agilitas Energy Bringing Renewable Energy to Massachusetts

Agilitas Energy, the largest integrated developer, developer, owner and operator of Distributed Energy Storage and Solar System (PV) in the Northeastern United States, today announced key milestones for two Solar Massachusetts Renewable Target (SMART) projects in its pipeline that will help accelerate Bay State’s transition to renewable energy.

Located in Auburn and Hopkinton, both projects are classified as Community Solar programs, will participate in ISO-New England markets and generate Massachusetts Clean Peak certificates. Agilitas Energy is one of the largest Massachusetts SMART application developers, and these projects provide the company with a SMART project portfolio of seven ongoing projects with 52 megawatts (MW) of photovoltaic systems and 27 MW / 81 megawatts (MWh) of energy storage.

The company completed the construction of its largest supply scale, coupled solar cell PV and battery energy storage system in Auburn, MA. Now in commercial operation, the project consists of a 7.3 MW DC (DC) solar panel and a 3.6 MW / 9.5 MWh energy storage system. It will give local consumers the benefit of cheaper electricity and electricity to more than 1,200 homes in Massachusetts annually. Hundreds of organizations have signed long-term power purchase agreements that guarantee energy savings for the next two decades.

Agilitas Energy has also acquired a construction-ready, front-of-the-meter PV and energy storage project in Hopkinton, MA that will serve Eversource with a 5.8 MW DC solar panel and 4 MW / 9 MWh storage capacity. As part of the project, Agilitas Energy will set aside more than 45 acres of open space for permanent conservation and will donate more than $ 10,000 to the construction of a parking lot to support access to the on-site trail network.

“Programs like SMART make a significant difference in strengthening cost-effective solar development, and we are confident that these projects will help bring predictable, inexpensive, clean energy to the communities that need it – other states should look to copy what Massachusetts has done, “said Barrett Bilotta, president of Agilitas Energy.” In that direction, we are proud of the solar and storage projects we have built in our home state and across New England, and with our recent capital raising we to copy our success with utilities and municipalities throughout the United States ”

The company recently raised $ 350 million in equity in a two-stage investment from CarVal Investors LP, financing that will fund a national expansion of Agilitas Energy’s large pipeline of renewable energy and battery storage systems.

Agilitas Energy is actively designing or developing several other coupled solar cell and energy storage projects under the SMART program in various cities across the Commonwealth and is currently seeking projects at all stages of development across the country. To hear about how Agilitas Energy can deliver an energy solution or act as a partner on a project, please visit https://agilitasenergy.com/contact/.

Lent by Agilitas Energy


 

See our brand new E-bike guide. If you are curious about electric bikes, this is the best place to start your e-mobility journey!


 

Do you appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica member, supporter, technician or ambassador – or patron of Patreon.


 

Do you have a tip for CleanTechnica, would you like to advertise, or would you like to suggest a guest to our CleanTech Talk podcast? Contact us here.

Advertising




William

Leave a Reply

Your email address will not be published.