Onyx Renewable Partners L.P. (Onyx) has announced the successful completion of two solar ground mount systems totaling 2.6 MW in partnership with the Connecticut State Colleges and Universities (CSCU), the Connecticut Green Bank (CT Green Bank), and Manchester Community College (MCC) this past month. The photovoltaic systems are owned and operated by Onyx and were purchased from GE Solar prior to construction.
Construction at the sites began in February 2018, with the projects meeting all approval requirements for energization within the CT Eversource utility territory by October, taking about 8 months in total to complete.
The projects serve as the first of three systems to be commissioned with CSCU and will generate enough solar energy to offset over 45 percent of MCC’s total electricity consumption, accounting for an average estimated $220,000 in annual savings for the college.
Funded entirely by private capital, the solar energy production at MCC will cover approximately 8.5 percent of all CSCU electricity usage, affording an estimated $15 million in savings over the course of the contract terms.
Solar energy produced at these sites will produce a carbon emissions reduction offset equivalent to that of planting more than 59,000 trees – or 1.2 million trees in 20 years.
The ribbon-cutting event held in October welcomed many representatives from the multiple parties involved: Dannel P. Malloy, Governor of the State of Connecticut; Dr. Tanya C. Millner-Harlee, Interim CEO of Manchester Community College; Mark E. Ojakian, President of the Connecticut State Colleges and Universities; Mackey Dykes, VP of C&I Programs at CT Green Bank; Ja Kao, President of Onyx; Brian DeMaio, Project Manager for the projects at Onyx; and Erik Schiemann, CEO of GE Solar.
Onyx and CT Green Bank recently extended its partnership to promote further solar project development across Connecticut in 2019.
The Connecticut Green Bank was established by the Connecticut General Assembly on July 1, 2011 as a part of Public Act 11-80. The Green Bank’s success in accelerating private investment in clean energy is helping Connecticut create jobs, increase economic prosperity, promote energy security and address climate change. In 2017, the Connecticut Green Bank received the Innovations in American Government Award from the Harvard Kennedy School Ash Center for Democratic Governance and innovation for their “Sparking the Green Bank Movement” nomination. For more information about the Connecticut Green Bank, please visit www.ctgreenbank.com.
Onyx is a renewable energy development company established by funds managed by Blackstone Energy Partners that is focused on greenfield development in the North American solar and wind sectors. The Onyx team brings over 250 years of collective industry experience and perspective, having developed more than 1 GW of renewable projects. As a full service firm with capabilities including development and construction through financing and operations, Onyx is able to provide creative solutions to large energy users and land owners in North America. Onyx prides itself on its ability to bring together exceptional talent with deep industry knowledge to solve challenging issues for clients looking to maximize renewable power generation. Onyx is headquartered in New York City.