The Montgomery County Green Bank is financing the 2.18-megawatt solar project at the Seneca Village Apartments in Gaithersburg. The project will bring affordable renewable energy to affordable multifamily properties, using sizable rooftop solar panels to help aid the county in its goal to significantly reduce the amount of greenhouse gasses produced.
The Maryland Energy Administration works closely with the Montgomery County Green Bank to combine resources to bring the necessary capital to mobilize projects across the state that advance reductions in energy use, improve resiliency and reduce greenhouse gas emissions. MEA has provided hundreds of thousands of dollars directed toward projects, incorporated with Green Bank Financing. Examples include a resiliency planning effort involving sites across Montgomery County, a partnership between the Green Bank and Groundswell, Inc. and an energy efficiency project at Takoma Outlook, a multi-family community in Takoma Park, Maryland.