SOLAR JOINS THE MILITARY

It's a sunny day for Project SolarStrong: Bank of America Merrill Lynch is joining in on creating $1B in solar projects by installing rooftop photovoltaic systems on up to 160,000 US military residences and buildings on as many as 124 US bases in 33 states.SolarCity will install, own, and operate the installations; US Renewables Group is lead lender; and BofA is providing debt financing. Thousands of workers are expected to be hired over the five-year project. The first installation is already underway at Honolulu's Hickam Air Force Base (pictured) and will provide renewable power to more than 2,000 homes.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

What's At Stake For CRE In Tuesday's U.S. Midterm

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

RXR Marketing Executive Lauren Maturo Dies At 32

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

4,500-Acre Data Center District Approved In Pennsylvania Town

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Meet Bisnow's 2026 New York Power Women Honorees

Affordable Housing Giant Starts $180M Philly Push: The Philadelphia Deal Sheet

'It's A 2-Way Street': Philly Hospital CEOs Seek Cost Savings From Architects, Builders

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them