DSD Renewables, a commercial solar developer, operator, and asset owner, has broken ground on two onsite solar canopies at an office park in California. The 957 kW and 429 kW installations, located at Pleasanton Corporate Commons, were facilitated by Black Bear Energy and will be installed behind the meter, offsetting much of the campus’ energy load. Pleasanton Corporate Commons is owned by an entity advised by UBS Asset Management.
Built and owned by DSD, the canopy projects will not only provide the benefit of covered parking for the adjacent office buildings, but will also provide tenants with access to lower-cost, onsite solar energy, and are expected to generate over 2 million kilowatt hours of energy per year, reducing the campus’ carbon footprint significantly.
“These are fantastic projects that will provide a multitude of benefits for all parties involved and create real value. As more landlords and tenants commit to net zero goals, there will absolutely be increased demand for offices to generate their own renewable electricity and lock in low-cost electricity prices,” said Drew Torbin, Black Bear’s CEO.
“DSD is excited to once again partner with Black Bear Energy and UBS to facilitate this project and deliver the multiple benefits of onsite solar to the Pleasanton community,” says Dan O’Brien, Vice President of Commercial Origination at DSD. “We look forward to continuing to work with our partners and accelerate the deployment of renewable energy assets for our commercial and real estate customers.”
We have a ton video interviews and additional content on our YouTube page. Recently we debuted Power Forward! — a collaboration with BayWa r.e. to discuss higher level industry topics as well as best practices / trends for running a solar business today.
Our longer running side project is The Pitch — in which we have awkward discussions with solar manufacturers and suppliers about their new technology and ideas so that you don’t have to. We discuss everything from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new home solar + storage microgrids.