{"id":765603,"date":"2023-06-22T16:33:09","date_gmt":"2023-06-22T20:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/altus-power-announces-hawaiis-first-large-scale-community-solar-array\/"},"modified":"2023-06-22T16:33:09","modified_gmt":"2023-06-22T20:33:09","slug":"altus-power-announces-hawaiis-first-large-scale-community-solar-array","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altus-power-announces-hawaiis-first-large-scale-community-solar-array\/","title":{"rendered":"Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><span class=\"bwuline\">Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array<\/span><\/p>\n<p class=\"bwalignc\"><b><i>Will deliver Oahu residents access to clean and discounted electric power<\/i><\/b><\/p>\n<p>STAMFORD, Conn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAltus Power (NYSE: AMPS) today announced Hawaii\u2019s largest Community Solar project to date that will soon deliver clean electric power at a discount to a local medical facility, its employees, and residents of Oahu. Consumers who subscribe to Altus Power\u2019s Community Solar Partnership Program will generate savings on their monthly utility bills while also supporting Hawaii\u2019s transition to clean electric power, with a projected savings of up to $500 annually, compared to their local utility bills.\n<\/p>\n<p>\nUpon completion of the 5-megawatt array expected this summer, Altus Power will sell approximately 60% of the clean electricity generated to a non-profit company that operates a medical facility and the remaining 40% of the electricity will be available to benefit the homes of employees and other local residents. Altus Power will own and operate the ground-mounted solar farm in Kapolei and deliver the power into the Hawaiian Electric grid.\n<\/p>\n<p>\n\u201cCommunity Solar allows residents to access the benefits of clean electric power at a discount, whether you live in an apartment building or a single-family home,\u201d said Lars Norell, co-CEO and co-founder, Altus Power. \u201cAs one of the first large-scale Community Solar providers in Hawaii, we\u2019re committed to help the state reach its goal of 100% renewable energy by 2045.\u201d\n<\/p>\n<p>\n\u201cWe\u2019re excited the shared solar program is taking root and opening up to residential customers who haven\u2019t been able to install private rooftop solar,\u201d said Lani Shinsato, co-director of customer energy resources, Hawaiian Electric. \u201cProviding customers with options is critical, and shared solar projects like this will allow subscribers to reduce their energy bill and take part in the state\u2019s clean energy transition.\u201d\n<\/p>\n<p>\nAltus Power currently serves more than 20,000 Community Solar subscribers nationwide. Community Solar provides homeowners and renters of diverse income brackets access to the benefits of clean energy and power bill savings without the requirement of installing solar panels on their roofs. Customers interested in the benefits of clean energy can subscribe to Altus Power\u2019s commercial-scale solar arrays by visiting our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.altuspower.com%2Fstates%2Fhawaii&amp;esheet=53428398&amp;newsitemid=20230622549242&amp;lan=en-US&amp;anchor=community+solar+website&amp;index=1&amp;md5=1e8a707e9fc07fc22af7bcff01a8ab16\">community solar website<\/a> to apply Once approved, there\u2019s no upfront cost or special equipment necessary to begin receiving credits. Employers interested in offering Community Solar to their employees can contact Altus Power <a rel=\"nofollow\" href=\"mailto:EmployeeBenefit@altuspower.com?subject=Employee%20Benefit%20Partnership%20Program\">here<\/a>.\n<\/p>\n<p><b>About Altus Power, Inc.<br \/>\n<br \/><\/b>Altus Power, based in Stamford, Connecticut, is the premier independent commercial-scale provider of clean electric power serving commercial, industrial, public sector and community solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit\u00a0<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.altuspower.com&amp;esheet=53428398&amp;newsitemid=20230622549242&amp;lan=en-US&amp;anchor=our+website&amp;index=2&amp;md5=2eae1ba9236935ae2b3b515983d7b125\">our website<\/a>\u00a0to learn more.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230622549242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230622549242\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230622549242\/en\/<\/a><\/span><\/p>\n<p><b>Altus Power:<br \/>\n<\/b><br \/>Chris Shelton<br \/>\n<br \/>Head of IR<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@altuspower.com\">InvestorRelations@altuspower.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Hawaii Connecticut United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Environment Sustainability Alternative Energy Green Technology Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230622549242\/en\/1691881\/3\/AltusPower_logo-Color_%28small%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array Will deliver Oahu residents access to clean and discounted electric power STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211; Altus Power (NYSE: AMPS) today announced Hawaii\u2019s largest Community Solar project to date that will soon deliver clean electric power at a discount to a local medical facility, its employees, and residents of Oahu. Consumers who subscribe to Altus Power\u2019s Community Solar Partnership Program will generate savings on their monthly utility bills while also supporting Hawaii\u2019s transition to clean electric power, with a projected savings of up to $500 annually, compared to their local utility bills. Upon completion of the 5-megawatt array expected this summer, Altus Power will sell approximately 60% of the clean electricity generated to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altus-power-announces-hawaiis-first-large-scale-community-solar-array\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765603","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altus-power-announces-hawaiis-first-large-scale-community-solar-array\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Altus Power Announces Hawaii\u2019s First Large-Scale Community Solar Array Will deliver Oahu residents access to clean and discounted electric power STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211; Altus Power (NYSE: AMPS) today announced Hawaii\u2019s largest Community Solar project to date that will soon deliver clean electric power at a discount to a local medical facility, its employees, and residents of Oahu. Consumers who subscribe to Altus Power\u2019s Community Solar Partnership Program will generate savings on their monthly utility bills while also supporting Hawaii\u2019s transition to clean electric power, with a projected savings of up to $500 annually, compared to their local utility bills. 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