Borrego Solar Applauds Baker Administration for Protecting Existing Investments in Clean Energy
The following is a statement from Ilan Gutherz, Vice President for Policy and Strategy for Borrego Solar:
With today’s release of the final SMART regulations, the Baker administration reaffirmed the Commonwealth of Massachusetts’ commitment to solar development and to combating global climate change. The final rules — which expand the program and represent a workable compromise between the state’s climate and land conservation objectives — include crucial, common-sense provisions that allow clean energy businesses to safe-harbor existing investments.
The updated rules will allow Borrego and other clean energy companies to continue investing in cutting-edge solar and energy storage projects that will deliver additional clean energy to the state’s grid in the very near term. Borrego’s safe-harbored projects alone are expected to offset 1.22 million metric tons of greenhouse gas emissions — equivalent to taking more than 260,000 cars off the road for a year — while providing additional tax revenue to localities that could face significant budget shortfalls due to the current health crisis.
Although the final rules still place new restrictions on ground-mounted solar that do not apply to other forms of development, we appreciate that Secretary Theoharides and Commissioner Woodcock have taken a more balanced approach to this important question, and look forward to continued discussion of how to appropriately balance the need to preserve important open spaces with the need to accelerate the Commonwealth’s pathway to decarbonization.