An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Ameresco Announces Completion of Solar PV Project at Montecito Union School District’s Nature Lab “Collaboratory”
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Ameresco, Inc. (NYSE: AMRC) has completed a solar PV installation at Montecito Union School District’s Nature Lab, offsetting 97% of annual electricity usage. The project includes over 450 solar panels generating over 300,000 kWh per year. Funded by the Montecito Union School Foundation, it enhances educational resources while promoting sustainability. Construction began in September 2021 and received operational approval in October 2021. CEO Anthony Ranii emphasized the dual benefits of environmental stewardship and fiscal responsibility, showcasing Ameresco's commitment to integrating renewable energy into educational environments.
Positive
Installation of a solar PV system at Montecito Union School District offsets 97% of its annual electric usage.
The project includes over 450 panels generating more than 300,000 kWh of energy per year.
Funding from the Montecito Union School Foundation supports educational enhancements and sustainability.
The partnership illustrates Ameresco's capacity to integrate renewable energy into learning environments.
Negative
None.
Addition of Solar PV offsets 97% of the facility’s annual electric usage.
FRAMINGHAM, Mass. & SANTA BARBARA, Calif.--(BUSINESS WIRE)--
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of a solar PV installation at the Montecito Union School District’s (MUSD) Nature Lab “Collaboratory”. The Nature Lab, an outdoor learning environment, was envisioned, designed and developed as a space for MUSD students to explore and experience Science, Technology, Engineering, Arts and Mathematics (STEAM) activities in a holistic and hands-on manner.
Montecito Union School District’s partnership with cleantech integrator, Ameresco, for the addition of solar PV at its Nature Lab “Collaboratory” will offset 97% of the facility’s annual electric usage. (Photo: Business Wire)
The solar array installation includes more than 450 panels that will generate more than 300,000 kWh/year of energy and offset 97% of the facility’s annual energy usage. The project is funding is provided by the Montecito Union School Foundation (MUSF), which was founded in 2018, as a result of the combination of the MUSD PTA and the Montecito Education Foundation (MEF). The project aligns with the MUSF’s mission to enhance academic, athletic and arts programs, enrich the student experience with technology, curriculum, and improved classroom resources, and elevate their teachers through professional development and continuing education.
"What started out as an environmental stewardship project has turned into an endeavor that also promotes our fiscal responsibility. Plus, we have a beautiful shade structure that has become our Collaboratory: a place where students can explore, create terrific art, get messy with science and so much more,” said Anthony Ranii, Superintendent, Montecito Union School District. “The Ameresco team was a joy to work with, and I felt they were a true partner in all of the Nature Lab, and not just the solar structure. Ameresco made it easy for us to be environmentally responsible, save money, AND create an incredible learning space for our students."
“This project is a showcase example of creatively integrating renewable energy generation into the next generation’s learning, living and playing environments,” said Britta MacIntosh, Vice President, Western Region, Ameresco. “We’re excited to continue to make a positive impact in the education industry and create a more sustainable environment for current and future Montecito Union School District students.”
Construction began in September 2021 and was completed to receive Permission to Operate from Southern California Edison (SCE) in October 2021.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions delivered to clients throughout North America and the United Kingdom. Ameresco’s sustainability services in support of clients’ pursuit of Net Zero include upgrades to a facility’s energy infrastructure and the development, construction, and operation of distributed energy resources. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.
About Montecito Union School District
The Montecito Union School District is a public elementary school district with one school serving children in grades Kindergarten through Sixth Grades. In 1998, the school was awarded the State of California's "Distinguished School" status. Enrollment has risen from 264 students in 1983/84 to over 400 students today. The school boasts a school-wide teacher/pupil average of 1/18 students, with a certificated teacher and a three-hour instructional assistant in each of the classrooms. In addition, the school's staff includes specialists in art, music, physical education, technology, Spanish and library. The Montecito Union School rests on an eight-acre site nestled between the Santa Ynez Mountains and the Pacific Ocean and serves the community of Montecito.
About the Montecito Union School Foundation
The Montecito Union School Foundation (MUSF) was founded in 2018, as a result of the combination of the MUS PTA and the Montecito Education Foundation (MEF). Their mission is to enhance academic, athletic and arts programs; enrich the student experience with technology, curriculum, and improved classroom resources; and elevate teachers through professional development and continuing education.
The announcement of the development of a renewable energy asset by Ameresco is not necessarily indicative of the timing or amount of revenue from such asset, of the company’s overall revenue for any particular period or of trends in the company’s overall total assets in development or operation. This project was included in our previously reported assets in development as of September 30, 2021.
What is the significance of Ameresco's solar PV installation for Montecito Union School District?
The solar PV installation offsets 97% of the facility's annual electricity usage, highlighting Ameresco's role in promoting sustainability in education.
How much energy will the solar array at Montecito Union School District generate?
The solar array is expected to generate over 300,000 kWh per year.
When did Ameresco complete the solar project for Montecito Union School District?
Construction began in September 2021 and the project received Permission to Operate in October 2021.
What benefits does the solar project provide to Montecito Union School District?
The project enhances educational resources while significantly reducing energy costs, supporting both environmental and fiscal responsibility.
Who funded the solar PV installation at Montecito Union School District?
The project was funded by the Montecito Union School Foundation.
