Neptune, NJ – Andover Properties, an investment firm that owns, operates, and develops commercial property throughout the United States, is proud to announce that its community solar project has been officially completed. This project involved the installation of enough solar panels to power over 100 homes and will act as a key component of Governor Murphy’s clean energy agenda which aims at achieving 100 percent clean energy by 2050.
This significant milestone underscores Andover’s commitment to sustainable energy solutions and expanding access to solar power for all. The project, located at 3403 Route 33, Neptune, NJ, features a massive rooftop installation spanning over 72,000 square feet and boasting a capacity size of 744 kW.
One of the standout features of this project is its dedication to promoting environmental justice through energy equity. By ensuring emphasis on low- to moderate-income households, Andover can ensure that solar energy is accessible to a diverse range of residents, including renters and families facing economic challenges.
Moreover, the completion of this project is set to deliver guaranteed lower energy bills to those who subscribed to receive the power it generates. This not only contributes to a greener future but also provides tangible financial benefits to the local community.
“Self-storage leaders like Andover Properties can play a unique role in helping fight climate change by dedicating their rooftops to community solar projects like this one,” said Shaun Keegan, CEO and Co-Founder of Solar Landscape. “We’re proud to partner with Andover Properties to bring the many benefits of this rooftop project – cleaner air, lower energy bills, and clean energy job training – to nearby residents.”
Andover Properties expresses its gratitude to the New Jersey Board of Public Utilities for its support and recognition of this initiative, which aligns with the state’s clean energy objectives.
For more information, please visit: https://www.linkedin.com/company/solarlandscape/
About Andover Properties
Andover Properties is an investment firm that owns, operates, and develops commercial property throughout the United States, with a focus on alternative real estate asset classes such as self storage, manufactured housing, RV parks, and car washes. We are one of the largest private owner-operators of self storage facilities in the United States. Our current portfolio totals over 12 million rentable square feet across 159 facilities in 18 states and operates under our Storage King USA brand (https://www.storagekingusa.com). Andover was founded in 2003 by Brian and William Cohen and is headquartered in New York City with offices in Miami and San Francisco. For more information please visit Andover Properties website: https://www.andoverprop.com
Contact:
Sarah S. Berman
The Berman Group, Inc.
212.450.7300