Radial Power Announces 4.6MWdc Kelso Drive Solar Project to Expand Renewable Energy Access and Sustainability Solutions in Baltimore

Radial Power announced the Kelso Drive solar project, a 4.6MWdc multimodal solar system installation for Marshfield Business Park in Baltimore. As part of the Maryland Community Solar Program, Radial Power's Kelso Drive solar project will play a crucial role in expanding access to clean energy for local residents and businesses. The project's comprehensive design includes the integration of rooftop solar panels and carport solar structures on industrial buildings within Marshfield Business Park, ensuring maximum energy generation and optimizing available space.

Developed as part of Radial Power's commitment to decreasing the carbon footprints of real estate portfolios, the Kelso Drive solar project demonstrates the potential of solar power generation in the region. Marshfield Business Park, owned by an affiliate of Starwood Capital Group, is now equipped with cutting-edge solar technology that supports environmental conservation and enhances the property's value and functionality. The Kelso Drive solar project will offset more than 4,110 metric tons of CO2 annually—the equivalent of taking 915 gasoline cars off the road every year.

"The Kelso Drive solar project is an important milestone in Radial Power's plan to advance sustainability solutions and clean energy initiatives across the United States," said John Bates, Chief Executive Officer of Radial Power. "We are committed to helping America's largest property owners decarbonize their assets, meet their ESG objectives, and deliver renewable power directly into local communities."

"We are excited for the integration of solar into our Marshfield Business Park property," said Andrea Pierce, a Managing Director of Starwood Capital. "Deployment of renewable energy is an important part of our ESG strategy at Starwood Capital, and this project aligns well with our commitment to environmental responsibility. The solar installations will not only add value to the property but also offer the local community lower energy costs and a sustainable work environment."

Baltimore is home to a dynamic and growing renewable energy market, and the Kelso Drive solar project is an example of the successful implementation of community solar. With benefits directly offered to local residents through electricity bill savings, Baltimore will see an immediate impact.

The Kelso Drive solar project's commencement is a testament to Radial Power's dedication to promoting renewable energy and making strides towards a more sustainable future. The project is an extension of the multi-year, multi-solution program Radial Power has tailored to the unique needs of Starwood Capital, providing long-term value and benefits towards Starwood Capital's climate and commercial objectives.

Radial Power | www.radialpower.com

Starwood Capital Group | https://www.starwoodcapital.com/