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Brightcore Energy and Luminace partner on 6.6-MW New Jersey solar portfolio

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20/11/2024
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Brightcore Energy and Luminace jointly announced a new 6.6-MW community solar project portfolio to be installed on eight commercial rooftops in New Jersey.

“Luminace is pleased to add the Brightcore Energy team to our strategic channel partnership network this year, and simultaneously announce the closing of our first portfolio of projects together,” stated Brendon Quinlivan, CEO of Luminace. “Serving our mutual C&I and community solar customers with solutions that are catered to meet their decarbonization goals is a key priority for Luminace. These latest New Jersey projects highlight the current market opportunity available for C&I landlords looking to enable sustainable economic value from their real estate assets.”

The 6.6-MWDC community solar portfolio will be constructed on the rooftops of eight commercial properties located in Fairfield and Montville municipalities in New Jersey. Once operational, the projects are expected to generate nearly 8 MWh of clean, sustainable electricity annually. These projects are expected also to provide clean energy benefits to over 600 low-to-moderate income New Jersey households via bill credits applied to their monthly utility bill, enabling significant subscriber utility bill savings during the term of their agreements.

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