Project Powers Low-to-Moderate Affordable Housing Throughout New York State
Houston, Texas, Dec. 13, 2021 (GLOBE NEWSWIRE) -- EDPR NA Distributed Generation LLC (“EDPR NA DG”), the distributed business unit of EDP Renewables, today announced the completion of a community solar + storage facility located in Westchester County, NY. Catholic Charities Progress of Peoples Development Corporation (“CCPOPD”), the affordable housing developer of Catholic Charities Brooklyn and Queens, Inc., and its low-to-moderate income (“LMI”) residents will receive the benefits of the renewable electricity generated from this community solar project.
The 1.2 megawatt (MW) rooftop project, coupled with a 1,000kW battery storage system, is the fourteenth community solar project for EDPR NA DG in the state of New York. PowerMarket will be providing customer acquisition and management services for the project.
EDPR NA DG developed the project in strategic collaboration with PowerMarket and CCPOPD to fulfill Catholic Charities Brooklyn and Queens mission to alleviate energy poverty in Brooklyn and Queens, and beyond. In addition to reflecting EDP Renewables’ own ESG (environmental, social and governance) values and environmental stewardship commitment to the market, the project further demonstrates the team’s commitment to providing equitable access to clean energy, irrespective of socioeconomic status.
The project, coupled with the upcoming completion of a neighboring EDPR NA DG community solar project, will allow CCPOPD to pass on approximately $1 million in savings to its LMI buildings and households over the course of 20 years.
As one of the first community solar + storage projects being rolled out in the state, this project contributes to New York’s upgraded goal to deploy 10 gigawatts (GW) of distributed solar generation capacity by 2030, against an earlier target of 6 GW. The state also seeks to achieve 100 percent zero-emission electricity by 2040 and cut its CO2 footprint by at least 85 percent by 2050, as compared to 1990 levels.
This project generates enough power equivalent to an annual offset of 1,052 metric tons of carbon dioxide or carbons sequestered by 1,289 acres of U.S. forests in a year, according to the U.S. Environmental Protection Agency’s (EPA) Greenhouse Gas Equivalencies Calculator. Not only does this project support New York State’s environmental goals but also it supports its efforts to ensure equity in its clean energy transition.
Through community solar, CCPOPD has found a way to bring both the short-term and long-term benefits of renewable energy to its residents. "Our efforts with EDPR NA DG go hand-in-hand with our commitment to affordable housing and climate change," said Msgr. Alfred LoPinto, CEO of Catholic Charities Brooklyn and Queens and affiliates. "This collaboration brings us one step closer to our goal of preserving affordable housing for low-income neighbors, reducing our carbon footprint and our energy costs, and investing capital savings into resiliency options and direct services for future generations."
“This deal serves as a reminder that effective state policy can be a powerful tool to enact social change, “stated Candice Michalowicz, Chief Operating Officer at EDPR NA DG. “We’re grateful for the opportunity to collaborate with Catholic Charities Brooklyn and Queens in their mission to prevent homelessness and to brighten and empower countless New Yorkers’ futures through the development of this project.”
“We believe in making renewable energy more equitable,” said Jason Kaplan, Chief Operating Officer at PowerMarket. “Community solar allows people who might not have had the opportunity to support clean energy to not only take part in it but also receive direct financial benefits from it. We are proud to have facilitated this partnership with EDPR NA DG and Catholic Charities Brooklyn and Queens and are thrilled to work with like-minded organizations that are shaping the industry.”
EDPR NA DG continues to expand its community solar portfolio and increase its significant pipeline of community distributed generation (“CDG”) projects in New York. In addition, EDPR NA DG has developed 33 distributed generation projects for religious and charitable non-profit organizations across the United States, including countless Catholic Schools spanning New York and New Jersey.
About EDPR NA Distributed Generation
At EDPR NA Distributed Generation (EDPR NA DG), accelerating the adoption and success of distributed generation is at the core of our mission. EDPR NA DG provides cutting edge innovative renewable energy services to the entire North American region. Built on long-standing relationships with developers, power generators, corporate purchasers, municipalities and local communities, EDPR NA DG delivers a full suite of offerings ranging from financing and development to construction and operation of energy and storage assets poised to scale. To date, EDPR NA DG has an operating capacity of 88 MW, with a near-term pipeline of more than 200 MW, across 200 sites in 20 states. For more information, visit www.edprnadg.com.
EDPR NA DG is part of EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and the world's fourth-largest renewable energy producer. With a sound development pipeline, first class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 25 international markets (Belgium, Brazil, Canada, Colombia, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, Hungary, Chile, Vietnam, Singapore, Malaysia, Indonesia, Thailand, Cambodia, China, Taiwan, Japan the United Kingdom, and the United States).
About Catholic Charities Progress of Peoples (CCPOPD) Development Corporation
For 123 years, Catholic Charities Brooklyn and Queens has been providing quality social services to the neighborhoods of Brooklyn and Queens, and currently offers over 160 programs and services for children, youth, adults, older adults, and those struggling with mental illness. Since 1975, Catholic Charities Progress of Peoples Development Corporation, the affordable housing developer of Catholic Charities Brooklyn and Queens, Inc. and has been transforming vacant land and buildings into affordable housing units and transforming the lives of individuals and families. In the past 46 years, Catholic Charities Progress of Peoples Development Corporation has completed more than 4,330 units with supportive services for seniors, families and the formerly homeless. Family and senior housing buildings are a priority, and Catholic Charities remains committed to creating homes throughout Brooklyn and Queens.
In July 2021, Catholic Charities Brooklyn and Queens Progress of Peoples Development Corporation launched the Laudato Si Corporation whose mission is to generate renewable energy by installing new solar photovoltaic systems on the roofs of existing, and future, Catholic Charities Brooklyn and Queens affordable housing developments. Named after Pope Francis' Encyclical, Laudato Si', which teaches us that combating climate change and protecting the environment are our responsibilities for earth and humanity, the Catholic Charities Brooklyn and Queens Laudato Si Corporation will provide for renewable energy and create new resources that will allow future reinvestment in sustainability and environmentally friendly initiatives across the Catholic Charities Brooklyn and Queens affordable housing portfolio. For more information, please visit www.ccbq.org.
CONTACT: Tom Weirich EDP Renewables 202-509-6435 email@example.com Lucy Garrido-Mota atholic Charities Progress of Peoples (CCPOPD) Development Corporation 718-722-6211 firstname.lastname@example.org