Solar projects in Eversource territory expand the asset acquisition portfolio of Aspen Power, the leading distributed energy generation platform that acquired Safari Energy in November 2022.
NEW YORK AND BOSTON, September 1, 2021 – Leading solar company Safari Energy announced that it has acquired a portfolio of six solar projects located in the Greater Boston area from Waltham, MA-based ECA Solar. ECA Solar developed the projects and provided turnkey engineering, procurement, and construction (EPC) services. Safari Energy closed on the acquisitions when they reached the latter stages of development.
The portfolio is made up of rooftop solar systems, a solar carport canopy and ground-mounted solar panels. The systems are expected to produce as much as 5.6 million kilowatt-hours of electricity per year, avoiding nearly 4,000 metric tons of carbon dioxide emissions annually, or the equivalent CO2 emissions from 726 homes’ electricity use for one year, nearly 10,000 barrels of oil consumed, or more than 486 million smartphones charged.
“Building scale and velocity with this Massachusetts renewable energy portfolio was only possible with the support and expertise of the Safari Energy team. Their track record and communications made the closings a seamless process,” said Todd Fryatt, President, ECA Solar.
The portfolio that Safari Energy acquired includes three solar systems in Canton, two in Sharon and one in Woburn, Massachusetts, all of which are areas served by Eversource. The projects benefit from the SMART incentive program available in Massachusetts, which incentivizes renewable energy generation. ECA Solar also has projects in development in Colorado, Rhode Island and Pennsylvania.
Safari Energy recently announced that the company’s 500th developed or acquired project is a 2 MW solar system that Safari owns located at Chevron U.S.A. Inc.’s San Joaquin Valley Business Unit’s offices in Bakersfield, California. To date, Safari Energy has acquired 116 solar projects in 8 states nationwide, totaling more than 150 MW in capacity.
Examples of some of the solar projects Safari Energy acquired in the Greater Boston area from ECA Solar.
About Aspen Power
Aspen Power, LLC is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization. We partner with businesses, communities, and others in the industry to develop, construct, and operate renewable energy assets. Our experienced team is passionate about solving our clients’ energy challenges to deliver a sustainable future throughout the U.S. For more information, please visit aspenpower.com.
Safari Energy Media Contact
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About ECA SOLAR, LLC
ECA SOLAR is an integrated engineering, development and installation firm that specializes in commercial and industrial solar PV systems. This includes Rooftop, Parking Canopy and Ground-mounted solar arrays. ECA SOLAR is the leading commercial rooftop solar installer in the Commonwealth of Massachusetts under Governor Baker’s SMART program and is rapidly expanding in the mid-Atlantic. For further information about our company please visit our website: http://www.ecasolar.com.