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While a majority – by some estimates as high as 80 percent – of Americans are unable to install solar panels on their property, PureSky offers a collaborative solution. By subscribing to one of its 44 community solar farms( with 39 operational and an additional five in construction) PureSky customers receive the benefits and cost savings associated with solar panels but with no upfront costs or installation process.
“ Our mission is to provide renewable energy solutions that enhance lives and leave a legacy of environmental stewardship in close partnership with our stakeholders,” begins Jared Donald, President and CEO.“ Since entering the market in 2016, we’ ve grown rapidly, starting with just a few solar projects in Minnesota to our current portfolio comprising of 44 projects either in operation or under final commissioning across five states.
“ In 2023, we went through a significant transition in the business. Originally known as Amp US, our US division was purchased
by Fiera Infrastructure and Palisade Infrastructure Group, and we rebranded to PureSky Energy. Since then, we have intensified our focus on our core strengths but also introduced new practices such as ESG tracking and reporting through GRESB that have strengthened us as a business. Today, we have around 233 megawatts of solar energy, with about 58 megawatts of battery storage across six of those projects, and we expect to expand that capacity significantly in the coming years.
“ Community solar works by generating electricity from the sun at our solar projects, which is fed into the grid, and distributed to the local region as a part of the electricity mix. Subscribers then earn credits from their share of the electricity to receive a ten-to-20 percent discount on their electricity bills. In other words, subscribing to a community solar farm enables people to reap the benefits of solar power without needing to purchase and install solar panels.
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