Kendall Sustainable Infrastructure has reached the milestone of completing more than $50 million of newly built distributed solar projects.
The portfolio consists of 37 projects with a combined capacity of approximately 20 megawatts of power, or enough power for more than 3,000 homes.
“The distributed segment of the market is expected to grow nationally by around 11,000 megawatts over the next 5 years, and we are well positioned to grow with it,” said John Chaimanis, managing director. “Each of our projects involves local developers, engineers, construction workers and other professionals, which means not only clean energy, but also jobs for local communities.”
The announcement comes at a time when larger competitors have abandoned or ignored the smaller-sized “distributed generation” market, opting into larger utility-scale projects.
“Distributed generation has a vital role to play. It is generated close to where it is consumed, readily interconnected to the grid and dependable,” said Ken Lehman, managing director. “It also has local impact. Our projects help individuals, communities, businesses, and the environment, so we see it as $50 million worth of positive impact. Our off-takers benefit from lower power prices. Local landowners benefit by putting available space to good use. And we all benefit from the production of clean power.”
The Kendall Sustainable Infrastructure portfolio serves utilities, municipalities, universities, school systems, hospitals and businesses, and includes community solar projects that serve individual households.