NEW YORK, Dec. 1, 2021 /PRNewswire/ — Luminace, the North American decarbonization-as-a-service business of Brookfield Renewable and Solops LLC (“Solops”), a leading national solar developer in the commercial and industrial sector, today announce an agreement to co-develop a pipeline of distributed generation projects over the next three years. Luminace will be the owner and operator of these projects once fully constructed.
Luminace and Solops are collaborating on the evaluation and development of up to 300 megawatts of distributed generation projects, which will help customers achieve their decarbonization goals and reduce their operating costs. The first set of projects is expected to achieve commercial operations in the third quarter of 2022.
“As owners and operators of one of the leading decarbonization-as-a-service businesses in North America with a portfolio of more than 3,500 megawatts, we are pleased to be positioned as a leading partner and solution provider for corporations and other institutions to achieve their …