Gorham Savings Bank announced it has broken ground on a $1.1 million solar array that when complete will offset virtually all electricity costs across its 13 branches and several office locations, including its 29,000 square foot Operations Center.

“I think this initiative is a good representation of how our organization continuously strives to be a force for good in the communities we serve.” said Steve deCastro, president and CEO of Gorham Savings Bank. “Increasing our reliance on clean power alternatives was clearly the right thing to do not just for the bank but for our environment and the community.”

The installation will generate one million kilowatt-hours (kWh) annually and be located adjacent to the bank’s Operations Center at 10 Wentworth Drive in Gorham. Maine-based ReVision Energy designed the 866 photovoltaic panel and 5 inverter array.

“The Town of Gorham is pleased to work with Gorham Savings Bank through the permitting and construction process to see their strategic vision of investing in renewable resources be realized,” said Tom Poirier, Director of Community Development. “The Town of Gorham’s Comprehensive Plan outlines a Community Vision of Gorham to be a sustainable community. Gorham supports the sustainability of the environment and natural resources and should be open to considering new technologies or new ideas that enhance the community’s sustainability and improve the living environment. The Town considers Gorham Savings Bank an important local stakeholder and is appreciative they chose Gorham to enhance their and the community’s sustainability visions with a solar facility.”