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Loyola University Maryland signs renewable energy agreement

Loyola University Maryland

August 24, 2021

 

Loyola University Maryland will support clean energy development in Maryland by purchasing electricity generated by Friendship Solar Farm in West Friendship, Maryland. The university signed a 25-year power purchase agreement with Chaberton Energy Holdings, which developed the solar farm. Chaberton Energy is a Maryland-based renewable energy company funded by Greenbacker Development Fund.

“This is an important step toward moving our campus and our community toward sustainability,” said Helen Schneider, associate vice president for facilities and risk management. “Loyola is excited to take a leadership role in the fight against climate change and offer the opportunity for our community to reduce our carbon footprint and support renewable energy projects.”

The solar farm will be completed in March 2022 and will generate clean, local solar energy for both commercial and residential use by Baltimore Gas & Electric customers. Customers can sign up online with Loyola’s partner Neighborhood Sun, a Maryland-based solar energy service, to receive solar energy from Friendship Solar Farm through BGE at a lower cost than standard energy.

As part of Loyola’s purchase agreement, Chaberton Energy will offer the university continued energy consulting services and student development opportunities. The energy company has hired two Loyola undergraduate students for summer internships, and Bernadette Roche, Ph.D., associate professor of biology, will conduct pollinator research at Friendship Solar Farm.

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