Energy Storage, Commercial, Solar  -  April 22, 2024

Hackensack Meridian Health Adds Solar, BESS

Hackensack Meridian Health (HMH), a New Jersey health network, announced a 30-year Energy-as-a-Service (EaaS) partnership.

HMH, which operates 18 hospitals across eight counties, will own a solar and battery energy storage system. The agreement was signed with Bernhard, a privately owned infrastructure firm.

Nearly 98% of the project scope is solar and battery storage, including 50,000 solar panels.

The 30-year agreement encompasses $134 million in infrastructure improvements, a 10% reduction in carbon emissions, a 25% decrease in purchased electricity and 33% guaranteed energy savings. 

"This partnership marks a significant milestone in sustainable healthcare practices and underscores Hackensack Meridian Health's unwavering commitment to energy resilience and environmental sustainability," said Robert C. Garrett, FACHE, CEO of Hackensack Meridian Health, in a statement.