Ameresco Brings Rooftop Solar to Community College of Philadelphia

Key Terms

energy performance contract financial

An energy performance contract is a long-term agreement where a specialist upgrades a building or facility to cut energy use and is paid from the resulting utility bill savings, often with guaranteed targets. Think of it like hiring a contractor to renovate a house and agreeing that the contractor will be paid out of the lower energy bills over time. For investors, these contracts can improve predictable cash flow, reduce operating costs, and shift upfront capital and performance risk to the contractor.

solar for schools grant program regulatory

A solar for schools grant program is a funding initiative that provides money or incentives to install solar panels and related equipment at primary and secondary schools. It matters to investors because these programs reduce schools’ energy costs, create demand for solar installers and manufacturers, and signal local or national policy support for renewable energy; like a public booster shot, they can spur broader adoption and affect revenues and project pipelines across energy and construction sectors.

rooftop solar technical

Rooftop solar is the installation of solar panels on the roof of a home, factory or office so the building can generate its own electricity, much like placing a small power plant on top of the property. For investors, rooftop solar can lower a business’s energy bills, change future capital and operating costs, and create new revenue or tax benefits—factors that affect profitability, asset value and risk when assessing a company.

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The new solar installations at two campuses will support the state of Pennsylvania's broader renewable energy goals, improve energy resilience, and provide real-world learning opportunities

FRAMINGHAM, Mass. & PHILADELPHIA--(BUSINESS WIRE)-- Ameresco, Inc., (NYSE: AMRC), a leading energy infrastructure solutions provider, today announced a rooftop solar project at the Community College of Philadelphia (CCP), including the installation of two new solar arrays designed to advance the college’s long-term sustainability goals while also contributing to Pennsylvania's statewide renewable energy commitments.

Ameresco’s rooftop solar project at Community College of Philadelphia will bring new solar arrays to two campuses, advancing the college’s long-term sustainability goals, strengthening energy resilience, and creating real-world learning opportunities for students.

Supported by Pennsylvania’s Solar for Schools grant program, the project will bring rooftop solar to both the college’s main campus on Spring Garden Street and its Northeast Regional Campus. Structured as an energy performance contract, construction is expected to begin in summer 2026 and be completed by year-end.

"This project is an important step in our work to build a more sustainable and resilient campus for our students and the broader community," said Tim Trzaska, Director of Construction Management at CCP. "As the Commonwealth of Pennsylvania continues to invest in renewable energy, we’re proud to partner with Ameresco to contribute to that progress, serving as an example for peer institutions."

The project brings several long-term benefits:

• On-site renewable energy generation at both campuses reduces long-term dependence on grid power and strengthens energy resilience across the college's facilities
• Participation in the Solar for Schools program puts CCP at the center of Pennsylvania's push to expand renewable energy at educational institutions statewide
• Curriculum enhancement opportunities for students to learn more about the impact of renewable energy

"Higher education institutions have an important role to play in advancing renewable energy, and Community College of Philadelphia is doing exactly that," said Louis Maltezos, Co-President of Ameresco. “This project creates lasting value beyond the rooftop, supporting the college's resilience goals while giving students a direct connection to the renewable energy systems shaping their future.”

To learn more about the solar solutions offered by Ameresco, visit www.ameresco.com/solution-solar-power/.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy infrastructure solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering energy infrastructure solutions to Federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.

The announcement of a customer’s entry into a project contract is not necessarily indicative of the timing or amount of revenue from such contract, of Ameresco’s overall revenue for any particular period or of trends in Ameresco’s overall total project backlog. This project was included in Ameresco’s previously reported contracted backlog as of March 31, 2025.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260708726054/en/

Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com

Source: Ameresco, Inc.