Green Earth developers grows U.S. solar project pipeline

CBD Energy, a diversified renewable energy company, announced that their US division Green Earth Developers (GED has expanded commercial solar projects valued at $2,500,000 in April to $15,000,000 to date.

CBD and GED have been working together for several months ahead of CBD’s acquisition of GED to enlarge GED’s contracted pipeline. GED takes care of development, finance and management of renewable energy services catering to project owners and investors.

CBD Energy is a diversified clean energy company providing solar installations worldwide with around 17,000 residential installations in Australia in addition to numerous commercial systems.

GED has executed projects including Devens 1, Solar power facility generating 5,015 MW of energy annually needed for 501 homes and Green Meadows, a 4MW fixed tilt solar PV project providing around5,168 MWh of energy savings for the Town of Sandwich.

Gerry McGowan, executive chairman, CBD, said, “Combination of GED’s experienced team with CBD’s relationship enables the company to grow business substantially. The company is on the way to seeing that GED become a major contributor to meet business strategy and growth.”