C-TEC was recognized for their outstanding performance closing the two largest solar projects using a C-PACE secured solar lease or PPA financing structure under the Connecticut Green Bank’s CT Solar Lease 2 program. The PACEsetter award recognizes contractors who are accelerating the growth of green energy through C-PACE, and demonstrating C-PACE’s ability to impact the state’s commercial buildings. C-TEC Solar is one of the first contractors to have used the C-PACE secured lease/PPA outside of municipal & non-profit facilities – bringing this product to the commercial & industrial sector.
The Lesro building installation in Bloomfield, Connecticut began in October, 2015 and was completed January 2016. System was energized on February 19th. The installation consisted of 3210 modules containing 310 watt Hanwha Q Cells panels, and is expected to produce 1,194,120 kWh per year, almost 100% of the building’s needs.
The second installation will be for Hartford distributors in Manchester, Connecticut and is planned to begin in the Spring 2016. The system approximately 100% of the building energy needs.
Pictured above from left to right: CT Green Bank staff Fiona Stewart, C-TEC Solar’s Mickey Toro, President and Alex Fox, Solar Consultant, CT Green Bank, Genevieve Sherman.