Colorado’s I-70 Corridor Gets 10.3 MW of Community Solar Projects Through Co-Development Partnership between Standard Solar and Pivot Energy

ROCKVILLE, Md.–(BUSINESS WIRE)–#Colorado–Six sites along the I-70 corridor in Colorado – including several towns,
school districts and housing authorities (low income residents) – will
benefit from a 10.3 megawatt (MW) portfolio of community solar, thanks
to the collaboration between Pivot
Energy and Standard
Solar, two leading national solar companies.

“When Pivot Energy approached us with this portfolio of community solar
projects, we were thrilled to partner with them and be a part of
advancing Colorado’s leadership in community solar,” said Scott Wiater,
president and CEO of Standard Solar. “Community solar is one of the
great opportunities to bring solar to people who might not otherwise be
able to put solar on their own roofs. It’s an exciting, yet underserved,
segment of the industry. We’re aiming to change that reality.”

Standard Solar will finance, own, and maintain the six community solar
gardens that Pivot Energy developed and constructed. Comprising both
ground mount and rooftop arrays, the solar projects are expected to
produce 18,644,960 kWh of energy. That is equivalent to offsetting the
greenhouse gas emissions from 2,971 passenger vehicles driven for one
year and CO2 emissions from 15,181,506 pounds of coal burned.

Community solar is a fast-growing form of distributed generation (DG)
solar that enables multiple subscribers to purchase a portion of the
power produced and receive a credit on their electric bill. It has the
ability to serve an estimated 50 to 75% of U.S. consumers who do not
have access to conventional rooftop installations but want to reap the
benefit of solar energy.

Four of the solar gardens are already 100% subscribed:

• 100 kW: located on land owned by Garfield Housing Authority,
  Parachute, Colo.
• 1 MW: located west of Silt, Colo.
• 2 MW: located on south side of Palisade, Colo.
• 2 MW: located in an industrial area in Grand Junction, Colo.

The projects in Parachute and Palisade are currently under construction
while the Silt and Grand Junction sites will begin construction before
the end of the year.

Two additional community solar projects located in Silt and Grand
Junction are currently seeking subscriptions and will be built in 2019.

“There is strong customer demand for community solar because it saves
money, generates clean local energy, and creates local jobs,” said Rick
Hunter, CEO of Pivot Energy. “Many of our customers are municipalities
and school districts that are balancing tight budgets and want to
benefit from the savings provided by subscribing to our projects. Money
they are saving by choosing solar can then be applied to budgets and can
lead to additional teachers being hired, public parks being upgraded, or
other useful benefits to the community.”

According to the Colorado
Energy Office, Colorado leads the nation with nearly 70 community
solar projects in operation generating more than 50 MW, with many more
in development.

About Standard Solar

Standard Solar, Inc. is a leading solar energy company specializing in
the development and financing of solar electric systems nationwide.
Dedicated to making Distributed Generation (DG) solar more accessible to
businesses, institutions, governments and utilities, the company is
forging the path for clean, renewable energy development through turnkey
solutions. With more than 100 megawatts installed, financed and
maintained, Standard Solar is one of the most trusted and respected
solar companies in the US. Owned by Énergir, a leading energy provider
with more than $5.8 billion US in assets, Standard Solar operates
nationally and is headquartered in Rockville, Md. For more information,
please visit www.standardsolar.com.

About Pivot Energy

Pivot Energy is a Denver-based solar energy company that is focused on
helping accelerate the rapid transition taking place in the energy
industry to a more decentralized and cleaner approach to power
generation. Pivot offers a distributed energy platform that includes a
range of services and software aimed at serving the full commercial
solar ecosystem, including retail customers, project developers, system
operators, utilities, and financiers. The company develops, finances,
builds, and manages community and commercial solar projects around the
country. Pivot operates on a triple bottom line basis, measuring success
by the positive impact to people, planet, and profit. Learn more at pivotenergy.net.

Contacts

PR Contact for Standard Solar:
Wilkinson + Associates
Leah
Wilkinson, 703-907-0010
leah@wilkinson.associates
or
PR
Contact for Pivot Energy:
Pivot Energy Communications
Matthew
Hargarten, 414-745-8408
matthew@rival-communications.com