Renewable Properties Starts Building Three Major California Projects, Featuring 17 MW Of Solar And 16 MWh Of Storage

Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and electric vehicle infrastructure projects, has broken ground on three new solar projects in California. The projects, set for completion by 2025, will provide over 17 MWdc of clean, renewable energy to customers through Sonoma Clean Power (SCP) and Pacific Gas and Electric (PG\&E). The projects are being funded by two construction loans totaling \$35.818 million, provided by Optus Bank, Pathward®, N.A., and BridgePeak Energy Capital.

The first project, the 5.56 MWdc Redemeyer Road Solar in Ukiah, California, will supply energy to SCP for its EverGreen program, which offers 100% local, renewable power sourced from solar, energy storage, and geothermal facilities. Redemeyer will include a 4 MWdc/16 MWh energy storage system to store solar energy for use in the evening, when customer demand is highest. Once completed in Q3 2025, the Redemeyer project will generate enough electricity to power 1,021 homes annually and offset 5,667 tons of carbon dioxide per year.

Renewable Properties is also constructing the Althea Avenue Solar Phases 1 and 2 in Fresno County, California, which are expected to be completed by Q4 2025. Phase 1, a 6.42 MWdc solar project, will generate enough energy to power 1,311 homes annually and reduce CO2 emissions by 7,275 tons per year. This project will contribute to PG\&E’s Disadvantaged Communities (DAC) Green Tariff program, offering low to moderate-income residents a 20% discount on their electric bills.

Aaron Halimi, Founder and CEO of Renewable Properties, said in a statement, “These projects reflect Renewable Properties’ ongoing commitment to expanding locally generated renewable energy. We’re grateful to our partners Optus Bank, Pathward, and BridgePeak Energy Capital for enabling us to help more Californians go solar, regardless of income or having rooftop access.”

Reginald Webber, Executive Vice President and Chief Credit Officer at Optus Bank, stated, “Financing solar + storage projects like these are critical to supporting the electrification of our economy. Our investment underscores our mission to drive clean energy across the U.S.”

Christopher Soupal, Divisional President and Revenue Lending Officer at Pathward, also added, “Pathward is dedicated to empowering Minority Depository Institutions to participate in the energy transition. We work strategically with mission-driven lenders like Optus Bank to co-finance opportunities that qualify for Deep Impact Credits, allowing our collective capital to go further in underserved communities.”

“Our partnership with Renewable Properties dates back to 2019, and we’re proud to continue supporting their efforts to expand access to inexpensive and sustainable domestic energy. We look forward to growing our collaboration with both Renewable Properties and our Minority Depository Institution partners well into the future,” commented Shawn Andrews, CEO of BridgePeak Energy Capital.

Phase 2, a 5.02 MWdc project, will support PG\&E’s Solar Choice program, allowing customers who cannot install rooftop solar to purchase solar energy. This phase will generate enough electricity to power 1,021 homes annually and offset 5,667 tons of CO2 each year. Renewable Properties is also planning to begin construction on 100 MWdc of additional small-scale utility and community solar projects in California, Illinois, Massachusetts, and New York by the end of 2025. The company’s development pipeline, as of March 2025, totals 1.2 GWdc.