Standard Solar helps bring 4.25 MW of solar capacity to Colorado State University to help forward the University’s clean energy goals
Standard Solar and project partners, Namaste Solar and Solaris Energy, have completed the design and construction of 17 of 20 solar sites for Colorado State University, with the remaining 3 to be completed in early 2023. Located in Fort Collins on four CSU campuses, the project was begun two years ago.
Standard Solar is the project’s long-term owner-operator while Namaste Solar designed and constructed the arrays and Solaris Energy co-developed and was the initial owner of the project, providing the legal structuring, financing and development oversight. The arrays represent a milestone deployment of solar energy on the CSU campus and reflect the university’s commitment to 100% renewable electricity by 2030 and carbon neutrality by 2040.
The structure of the projects is through a long-term Power Purchase Agreement, which will fix the electricity rate for CSU for the next 28 years. The university will keep ownership of Renewable Energy Credits (RECs) attributed to the systems.