SolRiver Capital, a renewable energy investment firm based in Denver, is excited to announce the successful completion of the Auburn Community Solar Project. This 3 MW solar facility is now operational, providing affordable clean energy to hundreds of subscribers in the Portland metropolitan area and along the I-5 corridor. The Auburn project is one of the first to be launched under Tier 2 of the Oregon Community Solar Program.
Brandon Conard, Managing Director at SolRiver, stated “We hit the ground running on Auburn once it was confirmed to be in Tier 2. We locked down the procurement and EPC contracting shortly after the announcement and went into 2023 with a safe-harbored project and a clear path to completion. Our success in completing this project ahead of nearly all others in Tier 2 is a testament to our construction execution ability.”
Riley Sullivan, Executive Vice President at SolRiver, mentioned “Tier 2 of the Program is quite different from how Tier 1 works because of the residential and low-income focus. Having hundreds of subscribers adds some complexity. Our team worked closely with the program administrators to get each of those subscribers verified as efficiently as possible so we could bring the project online and generate bill savings.”
The second project to go live under Tier 2 has 600 subscribers, including 55 low-income households. These households are now benefiting from lower energy rates and significant savings on their monthly bills. At the same time, the company also completed the 4MW Sheridan Community Solar Project, alongside the Auburn project.
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