MD Energy Advisors (MDEA), an energy solutions trading, utility and financing company, recently partnered with Luminace and The Associated: Jewish Community Federation of Baltimore to support environmental and sustainability initiatives.
By working with Luminace, a leading fully integrated decarbonization-as-a-service provider in North America, MDEA identified an opportunity to maximize existing structures and produce solar energy over 4 million kWh of clean electricity in the first year via two rooftop solar farms benefiting eight organizations affiliated with The Associated.
This project is part of The Associated’s larger community sustainability initiative, which reflects the organization’s goal to strengthen and advance Jewish life by engaging and supporting community partners in Greater Baltimore, Israel and worldwide.
“The Associated system has long been proud of and publicly recognized as a leader in environmental and sustainability efforts. The addition of green solar power not only adds organizational value, but will also have a clearly positive economic impact on our system,” said Marc B .Terrill, President of The Associated.
The Associated is a charter member of the Jewish Climate Leadership Coalition of Adamah, a network of Jewish community organizations that recognize the moral urgency and existential threat of climate change and are committed to action. As a founding member, The Associated has published its climate protection plan, which outlines its strategic priorities, including a focus on the use of solar energy. The company aims to cover 100% of its energy needs with solar energy.
MDEA has provided a range of power solutions to several of The Associated’s projects over the past several years. “Her ability to think ahead and her dedication to environmental and sustainability initiatives deserve both recognition and applause,” said Jason Schwartzberg, President and Co-Founder of MD Energy Advisors.
Participating in these solar projects has many benefits, including mitigating energy-related risks, a 20-year fixed-rate term, and avoiding the impact of price changes in volatile energy markets.