CLP complete groundbreaking solar power project at Harbor Pointe Residences

Bayonne, NJ Castle Lanterra Properties (CLP), a New York-based national real estate investment firm, along with Pemco Capital, an international developer and owner of sustainable energy infrastructure and Davis Hill Development, a developer of transformative distributed energy projects, announced the completion of a groundbreaking solar project at Harbor Point Residencies. The solar project will provide electricity savings and clean energy to the common areas of the 544-unit multifamily property.

The 938 kW Solar PV system will generate 1.1 million kWh of clean energy and mitigate emissions by 764,500 lbs of CO2 annually. CLP will purchase the clean energy at a 30% discount for twenty years, providing them with tremendous savings over two decades of the rooftop solar’s lifespan. 

Notably, the Harbor Pointe PV system was installed on multiple areas of the property including its uniquely pitched rooftops, and the top deck of its multi-level parking lot. By using as much of the property’s southern facing areas as possible to capture and maximize solar gain, the solar PV system supplies Harbor Pointe with nearly 100% of the property’s common areas electricity load, making the campus a model for sustainable design and renewable energy utilization for the region. The solar PV system and its unique design and layout illustrates how flexible rooftop solar can be, across numerous architectural styles, and the ability to provide renewable energy options to a wide variety of real estate projects and designs.