ARKANSAS, January 19 (Future Headlines)- Renewable Properties, a prominent developer and investor in small-scale utility and community solar projects, has embarked on a pioneering initiative by introducing a new electric vehicle (EV) fleet charging service. Leveraging its extensive experience in community solar development, land acquisition, and electrical infrastructure, the company aims to provide a comprehensive turnkey charging solution tailored for businesses with EV fleets. This strategic move aligns with the evolving landscape of clean transportation and the increasing demand for sustainable mobility solutions.

Renewable Properties, known for its expertise in small-scale utility and community solar projects, is venturing into the electric vehicle sector by launching a dedicated EV fleet charging service. The company’s entry into the EV charging market is a testament to the growing significance of sustainable transportation solutions and the pivotal role of clean energy in shaping the future of mobility.

Renewable Properties has enlisted the services of Black & Veatch, a global engineering and construction company, to design the first EV charging station on recently acquired land in Vacaville, California. This collaboration with Black & Veatch underscores the commitment to deploying cutting-edge EV charging infrastructure with the expertise of a renowned engineering partner.

The first charging station, situated in Vacaville, California, will serve as a model for subsequent private charging depots dedicated to medium and heavy-duty electric trucks and buses on the West Coast. Vacaville, as a Bay Area transportation and distribution hub for major retail brands, positions the charging station strategically to cater to diverse fleets.

Renewable Properties offers a charging-as-a-service agreement, akin to a power purchase agreement (PPA), eliminating upfront costs for fleet owners and operators. The company takes charge of siting, building, owning, operating, and maintaining gated depots, with customers paying for the consumed kilowatt-hours (KWh) to charge their EVs.

The charging depots developed by Renewable Properties will include reserved electrical capacity, secure yards, vehicle storage, and EV chargers compatible with most electric truck brands. These features are designed to address the specific needs of fleet owners, providing a holistic solution for charging infrastructure.

California has implemented the Advanced Clean Fleets (ACF) Regulation, effective from January 1, 2024, mandating a phased transition to electric vehicle fleets. Fleet operators with revenue exceeding $50 million or controlling more than 50 trucks are required to initiate the electrification of their fleets. This regulation covers various entities, including retail brands, public entities, and drayage truck fleets.

The urgency for EV fleet charging solutions has heightened with California’s new requirements for fleet electrification, necessitating swift and effective responses from industry players. Renewable Properties aims to simplify the complex implementation of EV charging infrastructure, providing fleet owners with a straightforward and comprehensive solution.

Aaron Halimi, Founder & CEO of Renewable Properties, emphasizes the company’s unique positioning to alleviate fleet owners of the challenges associated with navigating the intricate landscape of EV charging infrastructure implementation. The CEO highlights the urgency created by California’s regulations and underscores the simplicity and effectiveness of Renewable Properties’ charging-as-a-service solution.

Reporting by Alireza Sabet; Editing by Sarah White