New solar panel and battery storage complex at CMC Spring Valley, largest of its kind in the state | national company

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FRAMINGHAM, Mass. & GLENWOOD SPRINGS, Colo.–(BUSINESS WIRE)–September 15, 2022–

On Wednesday, Colorado’s largest solar array and battery storage facility was the subject of a public ribbon-cutting ceremony at Colorado Mountain College (CMC) Spring Valley in Glenwood Springs. The project is 95% complete and is expected to enter commercial operation this fall.

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Under a power purchase agreement (PPA), Ameresco, Colorado Mountain College and Holy Cross Energy have partnered to install 5 MW of photovoltaic solar panels and 15 MWH of battery energy storage. Photo credit: Seth Anderson. (Photo: BusinessWire)

Community members, renewable energy experts, government officials and CMC students, including students from the college’s sustainability studies program, faculty and staff gathered at the Spring campus Valley to commemorate the occasion with speeches and vehicle tours of the 22-acre solar panel site. Governor Jared Polis shared his support for the project in a recorded presentation.

“Protecting Colorado’s way of life means doing our part to fight climate change,” Polis said. “Rapidly adopting renewable energy in our electricity sector, and then extending the impact of this clean electricity throughout the economy, will protect the health of our communities, create well-paying jobs, will strengthen our economy and save Coloradons money. It’s projects like the one we’re celebrating today that will make that possible. When organizations like Colorado Mountain College, Holy Cross Energy and Ameresco come together, things incredible things can happen.

The Colorado Mountain College Spring Valley Solar Panel and Battery Storage Complex is the result of a partnership between Ameresco, a cleantech leader headquartered in Framingham, Massachusetts; Holy Cross Energy, a local rural electric cooperative serving nearly 50,000 members in the Eagle, Roaring Fork and Colorado river valleys; Sunsense Solar, a Carbondale-based solar power engineering and construction contractor; and Colorado Mountain College, which leases college-owned land from Ameresco just south of the Spring Valley campus to operate the project.

“Here in the Rural West, we have long understood that we are stronger when we work together,” said CMC President and CEO Carrie Besnette Hauser. “This collaboration between CMC, Holy Cross and Ameresco is a shining example of that philosophy as we work together to reduce our carbon emissions and protect these incredible mountain landscapes that we all love from the very real threat of climate change. We all have to do our part.

The solar panel is a 4.5 megawatt AC grid-tied project that sends electricity directly to HCE’s distribution system, making renewable energy an environmentally friendly and cost-effective option for its members. The network can supply renewable solar energy to approximately 1,000 homes. The complex also includes five megawatts of battery storage, which can be discharged during peak HCE demand periods.

In addition, the annual greenhouse gas emissions avoided from the project’s solar photovoltaic system are expected to be 6,853 metric tons of carbon dioxide equivalent, which is equivalent to the emissions benefit of removing 1,481 vehicles annually from road tourism or not to burn 7,551,050 pounds of coal.

Comprised of more than 13,500 solar modules, many of which can track the sun, the project also includes a battery system that contains 68 battery cells housed in four on-site containers that enable solar power in a variety of conditions.

The renewable energy efficiency of this project will allow HCE and Colorado Mountain College to achieve their goals. This will reinforce HCE’s goal to increase the renewable energy it provides to its members to 100% clean energy sources by 2030. And it will advance CMC towards its 2050 carbon neutral goal, since HCE withdraw renewable energy credits on behalf of the college, in an amount sufficient to offset 100% of the electricity consumption of three CMC campuses in Aspen, Spring Valley and Vail Valley.

“The Holy Cross Energy/Colorado Mountain College solar plus storage project is a great example of a win-win renewable project,” said Sam Whelan, vice president of power at HCE. “Not only does the project help HCE and CMC meet their renewable energy and carbon targets, it also gives us the flexibility to operate an increasingly renewable portfolio. To top it off, we are able to do this in a fiscally responsible way that saves all of our members money.

“Our partnership with Colorado Mountain College and Holy Cross Energy on this impressive solar and battery storage project that utilizes a unique model of collaboration allows all parties to simultaneously fund the feat and achieve sustainability goals. sustainability,” said Louis Maltezos, executive vice president of Ameresco. “This forward-thinking model not only advances Colorado’s renewable energy goals, but ushers in a new era of sustainable collaboration for the state.”

To learn more about the renewable energy solutions offered by Ameresco, visit https://www.ameresco.com/solution-solar-power/.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE: AMRC) is a leading clean technology integrator and developer, owner and operator of renewable energy assets. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to customers across North America and Europe. Ameresco’s sustainability services in support of customers’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction and operation of distributed energy resources. Ameresco has successfully completed energy-saving and environmentally responsible projects with federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has over 1,000 employees providing local expertise in the United States, Canada and Europe. For more information, visit www.ameresco.com.

About Holy Cross Energy

Founded in 1939, Holy Cross Energy is a not-for-profit rural electricity cooperative that provides safe, reliable, affordable and sustainable energy and services that improve the quality of life for nearly 45,000 members and their communities across the country. western Colorado. We are committed to leading the responsible transition to a clean energy future. For more information on HCE, please visit https://www.holycross.com.

About Colorado Mountain College

Founded in 1965, Colorado Mountain College offers a diverse range of learning opportunities at its 11 campuses and learning locations in the state’s north-central mountain region, as well as online. The college offers over 125 certificates and degrees, including bachelor’s degrees, and is accredited by the Higher Education Commission. From high school students earning college credits, to adults learning English or earning a GED, to students of any age earning certificates or associate’s and bachelor’s degrees, to local residents who are passionate about learning everything Throughout life, Colorado Mountain College plays an intrinsic role in the lives and communities it touches. The United States Department of Education has ranked Colorado Mountain College as one of the nation’s most affordable public colleges offering bachelor’s degrees. Learn more about: www.coloradomtn.edu.

Announcement of the development of a renewable energy asset by Ameresco is not necessarily indicative of the timing or amount of revenue from that asset, the company’s overall revenue for any particular period, or trends in total assets of the company in development or in operation. This project was included in our previously reported assets under development as of June 30, 2022.

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220915006088/en/

CONTACT: Media contact:

Ameresco: Leila Dillon, 508-661-2264, [email protected]

KEYWORD: MASSACHUSETTS COLORADO UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TECHNOLOGY PROFESSIONAL SERVICES OTHER NUCLEAR ENERGY OTHER TECHNOLOGIES OIL/GAS OTHER PROFESSIONAL SERVICES COAL ALTERNATIVE ENERGIES ENERGY

SOURCE: Ameresco, Inc.

Copyright BusinessWire 2022.

PUBLISHED: 09/15/2022 16:05 / DISK: 09/15/2022 16:05

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