M id A tlantic Real Estate Journal — July 24 - August 13, 2020 — 3A
www.marej.com
M id A tlantic R eal E state J ournal
Part of first phase of New Jersey Community Solar Energy Pilot Program Four Duke Realty industrial rooftops selected for Solar Landscape host sites in New Jersey
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ERSEY CITY, NJ — Duke Realty , one of the largest domestic-only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, has announced it will host so- lar projects covering nearly 1 million s/f of roof space across four of its New Jersey indus- trial sites through a partner- ship with Solar Landscape. The New Jersey Board of Public Utilities (NJBPU) se- lected the four projects, total- ing 11.07 megawatts (MW), as the first of 77.61 MW of solar power awarded in year one of its three-year Community Solar Energy Pilot Program. The allocation represents more than 29% of rooftop solar awarded in the program’s first year. When completed, the combined projects will make Duke Realty the largest com- munity solar project host in New Jersey and deliver more than 250 million kilowatt hours (kWh) of renewable electricity to the community over the next twenty years. “We are pleased to have been selected as a major par- ticipant in the first round of New Jersey community solar,” said Megan Basore , Duke Realty’s vice president of Corporate Responsibility. “For nearly 50 years, Duke Realty has been one of the most prolific developers of logistics space in the United States, and we are proud to further our commitment to sustainable buildings with these projects in the New Jersey market.” Solar Landscape, a New Jer- sey based developer of large commercial and industrial solar integrations, will own and operate the solar projects. The projects will provide lo- cal homeowners, renters, and businesses with discounted, clean energy without incur- ring the cost of adding solar panels to their own properties. “The industrial real estate market – with its massive, often unencumbered rooftop spaces – is critical to the success of the New Jersey Community Solar Energy Pilot Program. These large scale projects mean that energy can be generated re- motely, and used by residents all across New Jersey,” said Shaun Keegan , CEO of Solar Landscape. “We are excited to partner with Duke Realty to bring the benefits of this his - toric program directly to the community we call home.”
forged by a shared commit- ment from both companies to the communities they both operate within. With these projects, Duke Reality le- verages existing industrial rooftop space to host photo- voltaic panels that generate solar power. Solar Landscape, in turn, connects New Jersey communities and businesses to the power produced. As part of its operations, Solar Landscape will also provide cost-free local solar energy job training and professional certifications to individuals in these communities. MAREJ
In the first year of the NJ Community Solar Pilot Pro- gram 252 applications were submitted to the NJBPU, totaling more than 650 MW of capacity. Just 45 projects were selected from the first year’s batch, allocating 77.61 MW for the program. Solar Landscape was awarded the most capacity of any contrac- tor, winning 20.358 MW, or more than 26 percent of first round capacity. Round two of the pilot program is now underway. The Duke Realty – Solar Landscape partnership was
Duke Realty set to become NJ’s largest community solar host.
Lease Your Roof for Community Solar LOOK I NG FOR 80 , 000+ SF OF ROOFTOP SPACE I N NEW J ERSEY FOR THE STATE ' S COMMUN I TY SOLAR P I LOT PROGRAM
Building a Clean Energy Legacy
www.solarlandscape.com 844-765-2769
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