VLV Development, a black and veteran-owned company committed to providing clean, renewable energy in urban communities, completed a first of its kind 1.1-MW solar facility that is part of the Bronzeville Micro-Grid Cluster in one of Chicagoâ€™s most iconic neighborhoods.
In collaboration with the local utility and other stakeholders, VLV financed, designed and delivered the solar installation located at Dearborn Homes, a 17-building public housing development serving 660 units of federally-subsidized housing. VLV worked with local minority solar trainers, contractors and distributors to support the systemâ€™s installation. VGI Energy Solutions, VLVâ€™s energy division, will provide the operations and maintenance of the facility.
Approximately 3,000 solar panels were installed At Dearborn Homes across 16 low-income high-rise buildings, the management office and two ground-mounted solar arrays. The smart technology includes 22 inverters with the ability to communicate with the utilityâ€™s master controller to support islanding and data gathering across Dearborn Homesâ€™ vast campus.
Over the past five years, VLV has installed 1.5 MW of solar energy on commercial and residential buildings, churches, as well as ground mount solar facilities in Chicago.
â€śThe Dearborn Homes project is an example of transformative action, brought together to protect vulnerable communities while providing community resilient power,â€ť said Faustina Vincent, managing partner, VGI Energy Solutions.
This project will provide the Chicago Housing Authority and Dearborn Homes direct savings in excess of $800,000 over the term of the power purchase agreement. The project created 50 direct and indirect full- and part-time jobs for Black and Brown residents and represents a $4.5 million direct investment in clean energy infrastructure.
â€śWeâ€™re making clean energy and resilience accessible, profitable and affordable across the urban landscape,â€ť said Van Vincent, CEO, VLV Development.
News item from VLV Development