Washington Metro Solar Agreement

Washington Metro announced it has reached a deal worth up to $50 million over 25 years, with SunPower Corp.  and Goldman Sachs Renewable Power LLC (GSRP), to install solar paneled carports or canopies over surface lots and above parking garages at four rail stations. Combined, the four sites will have 12.8 megawatts of electrical capacity, making this the largest community solar project in the National Capital Area and one of the largest in the nation. Under the agreement, SunPower will install photovoltaic solar panels at the Anacostia, Cheverly, Naylor Road and Southern Avenue stations at no cost to Metro.  GSRP will own the solar power system and provide annual payments to Metro through 2047 providing a long-term revenue stream that will support the transit agency’s operations.

-via Press Release

This article was posted on: July 10, 2020