Ameresco, Rhode Island College Partner on Solar Renewable Energy Project

07 Feb 2019

Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced the completion of its latest collaboration with Rhode Island College to install a solar photovoltaic (PV) system on the rooftop of Donovan Dining Center. The $300,000 project is expected to save the college more than $231,000 in energy costs over the next 15 years. Ameresco previously partnered with RIC to provide cost savings through energy efficiency and infrastructure upgrades to 33 buildings.

“Generating clean, renewable energy on campus is a priority for Rhode Island College and Ameresco is a valuable partner in achieving that goal,” said Rhode Island College President Frank D. Sánchez. “We are committed to creating a greener, more sustainable campus, as evidenced by our 2017 recognition as a Green Ribbon School by the U.S. Department of Education. This project is an important step forward in that work.”

Ameresco installed a solar PV system on the rooftops of the Donovan Dining Center and the Student Union, utilizing funding from the Rhode Island Office of Energy Resources and Rhode Island Commerce Corporation. The 110.9 kW system will be tied into the college’s electric service and is expected to generate 132,502 kWh in the first operating year. Savings will be in the form of direct reduction of kWh usage.

“Ameresco is once again honored to be working with Rhode Island College, this time to deliver renewable solar power, an environmental and economic win for the college,” said, Executive Vice President of Ameresco David J. Anderson. “This project further demonstrates to students, faculty, staff, and the community that Rhode Island College is committed to clean, renewable energy.”

The solar facility is expected to reduce carbon emissions by 1,358 metric tons of CO2 annually. That would be equivalent to the CO2 emissions from 163 homes’ energy use for one year or greenhouse gas emissions from 288 passenger cars. Emission reductions were estimated using the U.S. Environmental Protection Agency Greenhouse Gas Equivalencies Calculator.

Rhode Island College | http://www.ric.edu

Ameresco | http://www.ameresco.com