Chaberton Energy and Pivot Energy have teamed up to embark on an ambitious solar project called Project Catherine in Maryland. This project aims to not only provide clean and affordable energy to the community but also showcase innovation in combining different solar business models.

Project Catherine is situated on a 19-acre site on the grounds of the St. Mary Coptic Orthodox Church in Cooksville, Md. The facility is anticipated to generate 4.3 MW of power, with a portion of the energy directly supplying the church and the remaining portion serving Loyola University Maryland and the surrounding community through a subscription model.

Originally developed by Chaberton and subsequently acquired by Pivot, Project Catherine is expected to offer community solar subscribers access to 3.4 MW of capacity through the Maryland Community Solar program. Loyola will have access to 750 kW of direct current via the Maryland Aggregate Net Energy Metering program, and the balance will be utilized to offset the church’s on-site load.

Furthermore, in a philanthropic gesture, Pivot has donated to the Power52 Foundation, a workforce development organization that supports at-risk individuals from the Baltimore area. Chaberton has contributed funds to the Bright Minds Foundation, a community group that promotes Howard County public education, and the Community Ecology Institute, a Maryland nonprofit.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.