National Storage Affiliates Trust (NSA) and Solar Landscape are partnering to pursue the installation of new solar capacity on rooftops across NSA properties.
The partnership plans to develop 100 MW of solar capacity, with NSA granting Solar Landscape rights to evaluate approximately 1,000 properties in 42 states and Puerto Rico for community solar hosting potential.
Under the partnership, solar installations on NSA property rooftops will power nearby homes and businesses at a discount.
Development on the first sites in the partnership has already begun. The projects require no capital expenditure by NSA. Solar Landscape, will develop, own and operate the projects and make a monthly lease payment to NSA.
“This is an exciting step toward our corporate responsibility goals and demonstrates our commitment to building a more sustainable future,” says David Cramer, NSA president and CEO.
“NSA has long been customer- and community-focused. This partnership will enable us to increase that value by generating clean energy at a discount for the households surrounding our facilities, while also generating value for NSA shareholders.”
The companies have worked together since 2022.
