Dimension Energy has completed construction of the largest third-party-owned community solar project in the United States. Situated in Inyokern, California, this project will produce 44 MW of clean energy, serving a diverse group of residential and commercial customers in Southern California Edison service territory. Among the beneficiaries are over 2,000 households, supportive housing organization the Redwood Family Care Network, municipal facilities in the cities of Long Beach and Corona, and commercial offtakers like AT&T and Crown Castle.
While California continues to struggle to develop a scalable community solar program that can serve residents affordably and effectively, Dimension secured over $100 million in total project capital for the project. The deal, which closed at the end of 2023, includes partners Silicon Valley Bank (SVB), a division of First Citizens Bank, National Bank of Canada, Comerica, and NT Solar.
“Dimension has an unparalleled understanding of community solar markets that allows us to recognize and seize opportunities that other people don’t see,” said Sam Younes, Co-Founder & Chief Development Officer, Dimension Energy. “We turned a struggling utility-scale site into the largest community solar project in the country despite tremendous policy hurdles in the state by taking advantage of the niche Green Tariff Enhanced Community Renewables program. Aside from our Inyokern project, this program has been essentially non-functional.”
News item from Dimension
