WAYNE, PA — Dynamic Energy Solutions, LLC announced it has completed construction on a groundbreaking rooftop solar project in Connecticut. The 2.1 MW solar system became operational in August 2023 and is the state’s first Shared Clean Energy Facility (SCEF) project to come online.
The rooftop project is owned by DSD Renewables (DSD), a distributed energy solution provider, and hosted by STAG Industrial (NYSE: STAG), a leading real estate investment trust (REIT) focused on industrial properties. The project was facilitated by Black Bear Energy, a Legence Company, and developed and built by Dynamic Energy.
This project is part of a growing trend in commercial real estate to host community solar projects on industrial rooftops. In turn, these projects help states meet their emissions and sustainability goals while delivering clean energy to local communities.
Collaboration is Key for Community Solar Rooftops
This project exemplifies the thoughtful collaboration between commercial real estate entities, developers, financiers, utilities, and engineering, procurement and construction (EPCs) that is vital when bringing these important renewable energy projects online.
“As the developer and EPC on the STAG project, we appreciate the opportunity to work with such dedicated partners to deliver clean, locally generated energy to communities in Connecticut,” said John Conley, President and CEO of Dynamic Energy. “At Dynamic Energy, we are committed to building distributed energy resources close to the communities where the energy will be used. Forward-thinking policies like Connecticut’s SCEF program are unlocking new opportunities to generate clean energy on otherwise dormant rooftop space. We value our long-standing relationship with DSD and are grateful to partner with them on these iconic projects.”
“This project demonstrates DSD’s commitment to accelerate the deployment of renewable energy resources,” said Kevin Hu, Senior Manager of Asset Acquisitions at DSD. “It is an honor to work with trusted partners like Dynamic Energy and we are proud to see their hard work come to fruition on this monumental project that will deliver clean energy to Connecticut communities.”
“STAG is committed to taking action to host solar on our rooftops. Bringing additional renewables onto the grid in areas where our buildings are located provides a win for the community, the utility customers, and our shareholders. This is the 13th solar project we have energized and will bring our total MW of hosted renewables to over 27.7 MW,” said Brian LaMont, SVP of Construction/Sustainability for STAG Industrial.
“Rooftop solar projects, hosted on industrial warehouses, offer an incredible opportunity for REITs to develop distributed renewable energy and decarbonize the built environment. Black Bear is proud to have facilitated this project between STAG and DSD and we look forward to bringing more clean energy onto the grid with these partners in the future,” said Black Bear’s Founder and President, Drew Torbin.