SunShare and Mortenson Announce Strategic Agreement to Develop and Build Community Solar Gardens in Minnesota
MINNEAPOLIS, Jan. 13, 2015 /PRNewswire/ -- SunShare, a rapidly growing community solar company with offices in Minneapolis and Denver, and Mortenson, one of the nation's top construction firms, today announced a strategic relationship to develop and build solar gardens in Minnesota. The announcement comes just a week after Xcel Energy announced its plan to more than double its renewable energy by 2030, including exponential growth in solar from 14 megawatts today to 2,400 megawatts in 2030.
"This is the story of one of the largest, nationally-recognized construction firms forming a strategic alliance with an innovative, up-and-coming community solar company to bring access to solar energy to everyone in Xcel Energy's service territory in Minnesota," said Jonathan W. Postal (J.W.), SunShare's senior vice president.
Mortenson will serve as the full engineering, procurement and construction (EPC) contractor, while SunShare will develop, finance, own the solar gardens and sign-up energy users for the program. The renewable electricity generated will be available to Xcel Energy residential, municipal and commercial subscribers as part of its community solar program throughout Hennepin, Dakota, Wright, Ramsey, Carver, Scott, Anoka, and Washington counties.
"Minnesota's community solar program dramatically expands the ability for companies, governmental entities and residents to utilize solar," said Trent Mostaert, vice president and general manager at Mortenson. "This is a great partnership and an opportunity for Mortenson to work with SunShare, a leading community solar company, and bring our significant solar experience home to Minnesota."
"This partnership with Mortenson ensures that we have the best local talent and team to build our solar gardens at scale," said David Amster-Olszewski, CEO and founder of SunShare. "This relationship shows our commitment to deliver state-of-the-art, long-term, scalable energy solutions to residents and businesses in Minnesota. We look forward to our partnership boosting the local economy, creating jobs and delivering clean solar power to thousands of Minnesotans."
In 2013, the Minnesota State Legislature established a landmark community solar law through the "Solar Energy Jobs Act," allowing electric customers who either can't or don't want to put solar panels on their homes or businesses to buy electricity generated from a solar array located elsewhere in the community. Customers, including schools, businesses, homeowners, libraries, and other municipal buildings, may purchase a community solar garden subscription from SunShare and will then receive credits on their Xcel Energy bills during the contract term.
Customers interested in becoming a part of SunShare's community solar gardens should email: [email protected] or call 800.793.0786.
SOURCE SunShare
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