EcoSmart Solution and RISE performed a comprehensive feasibility study that evaluated the suitability and practicality of interrogating the zero-energy capable technology at Neponset Wharf, a mixed-used development that includes 120 apartments and 4,000+ square feet of restaurant space. Committed to meeting Carbon Free Boston 2050, as well as its own aggressive Environmental, Social and Governance (ESG) goals, RISE will deploy EcoSmart Solution’s innovative geothermal infrastructure across all its future projects.
EcoSmart Solution’s state-of-the-art geothermal system, combined with additional, tailored green-energy technology, reduces a building's carbon footprint, which benefits tenants through lower monthly utility bills, while empowering RISE, and other developers, to meet and surpass rigorous ESG standards.
“RISE is an ideal partner and forward-thinking real estate developer with goals that align with EcoSmart’s core values. We are excited to apply our zero-energy capable technology as they set out to meet their ESG goals,” said John Towle, CEO of EcoSmart Solution.
“A significant milestone and testament to both teams, we’ll now get to showcase just how innovative our green energy system is in the Northeast climate.”
EcoSmart Solution is providing RISE with a sustainable, renewable energy system that will offset grid emissions in Charlestown, Dorchester and Somerville, contributing to the overall well-being of the community by greatly reducing energy consumption. With two master-planned communities in Texas, and a multi-family development in Florida, the partnership with RISE is EcoSmart Solution’s first project in the seasonal Northeast region.
“RISE is excited to partner with an innovative, sustainable company like EcoSmart Solution,” said Jim Grossmann, Co-Founder of RISE.
“We are looking to build smart, equitable solutions in Boston’s neighborhoods, and that means looking beyond tomorrow to ensure these developments are more sustainable for the future, and the lasting impact is meaningful and will contribute to the overall health and viability of the community.”