Cedar Ridge Community Church, Summit Ridge Energy and TurningPoint Energy Energize Community Solar Project Serving Low-Income Households
ARLINGTON, Va., April 30, 2022 /PRNewswire/ — Summit Ridge Energy (SRE) and Cedar Ridge Community Church today held a groundbreaking ceremony to celebrate the completion of a 2.5 MWdc community solar project in Montgomery County, Maryland. TurningPoint Energy developed the project under the State of Maryland Community solar pilot program. The grid was built on the property of Cedar Ridge Community Church (CRCC) and will provide hundreds of subscribing households with lower monthly energy costs.
“As a community of hope, we are thrilled to dedicate 8 acres of our property to solar energy,” said Matthew Dyer, Senior Pastor at CRCC. “It is a practical and essential expression of our desire to play our part in creating a sustainable future for this beautiful planet that we all love and depend on.
“We are proud to have partnered with CRCC and TurningPoint Energy and are excited to expand access to renewable energy to low-income Marylanders,” said Brian Dunn, Deputy CEO of SRE. “We also thank Councilor Hucker for his commitment to the legislation enabling this project to proceed.”
“This community solar project is the culmination of a great partnership between the community and the county,” said councilman Hucker. “In 2018, I led ZTA 18-01 which enabled larger solar projects like this so we could better position ourselves to fight climate change and collectively reduce our carbon footprint.”
“CRCC’s leadership in pursuing a low-income solar project on their property is a true testament to a faith-based organization’s word as an environmental steward. This innovative project is the first of its kind in Maryland and will serve as an example for years to come,” said Salar Nainiexecutive vice president of business development at TurningPoint Energy.
SRE holds the market share of from Maryland community solar projects (90 MWdc) operating under the state’s community solar pilot program. When completed, their portfolio will power approximately 12,500 local homes and businesses. Nearly one-third of the projects will serve low-to-moderate income customers, underscoring the industry’s unique ability to deliver renewable energy savings to Americans of all socioeconomic backgrounds.
TurningPoint Energy has been the lead greenfield developer in the Maryland pilot program since its inception in 2016 and will have 40 MWdp or projects in operation by the end of 2023. Additionally, the company has pledged more than $186,000 in community investment across the state to worthy food pantries, emergency response service providers, schools, fire stations and police stations as part of its national commitment to give more $1,000,000 by 2023.
About Summit Ridge Energy
Launched in 2017, Summit Ridge Energy is the nationis the leading owner and operator of community solar assets. Through dedicated financing platforms, the team acquires pre-operational projects in the fast-growing sectors of solar energy and battery storage. With more than 100 solar projects in operation in all markets, the team has established itself as a reliable and diligent industrial partner. By 2023, SRE will have an additional 200 MW online serving more than 100,000 residential and commercial customers. Learn more about srenergy.com.
About TurningPoint Energy
TurningPoint Energy is a clean energy development, advisory and investment company, with solar development projects underway across the United States. Its leaders have experience developing solar projects for utility and community customers totaling more than $2.5 billion in value more than 1.1 GW of solar power plants in operation United States over the past decade. TurningPoint Energy is a lean private company that adapts to the needs of its customers and finds ways to invest in its customers and their communities…at every turn. For more information about TurningPoint Energy, visit https://turningpoint-energy.com.
SOURCESummit Ridge Energy