The 1.038 MW solar carport at Richfield High School in Connecticut has now been completed. The system is expected to save the school $1.5 million over the next 25 years. The project was completed in collaboration between Davis Mountain Development Company and Connecticut Green Bank.

Micah Brill, Vice President of Asset Management at Davis Mountain Development, said, "This project demonstrates the enormous potential that visionary communities and strong partners can create together. Richfield has a clear vision, and with the support of Greenshore and Patriot Renewable Energy Capital, we were able to turn this vision into reality - bringing true savings, clean energy, and long-term value to the town

The project adopts an innovative financing structure, including support from Connecticut Green Bank and tax equity investment from Patriot Renewable Energy Capital. AEC Solar served as the general contractor for the project and accelerated the summer construction schedule to avoid affecting the academic year. The project also benefits from the federal investment tax credit granted by the Inflation Reduction Act, highlighting how national support policies translate into local cost savings and environmental benefits.

At Green Bank, we are committed to building partnerships to make the benefits of clean energy projects a reality, including significant energy savings and creating employment opportunities for our communities, "said Marianne Cardenas Treff, Investment Director of the Connecticut Green Bank." This is the latest of multiple solar projects we have completed in collaboration with DHD Renewables and the Connecticut government. We are honored to continue providing support to help them reduce energy costs and push Connecticut closer to its clean energy goals. ”

This solar energy system is uniquely integrated into four independent town and school meters, allowing for optimal utilization of on-site solar energy production and full participation in programs such as Connecticut Non Residential Renewable Energy Solutions (NRES), Zero Emission Renewable Energy Credits (ZREC), and Class I REC.