Summit Ridge Energy
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Solar
Investors Announce Nearly $75 Million in Funding for Community Solar
Investors are continuing to pour money into community solar projects, with groups on July 31 announcing nearly $75 million in funding for multiple installations. Renewable Properties, which develops and invests in small-scale utility and community solar installations, on July 31 said it has closed its Fund 9 portfolio. The company said the $53.5 million portfolio […]
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Energy Storage
Energy Storage Projects Commissioned to Serve New York City
A Virginia-headquartered group said it has brought online the first two of the company’s four planned energy storage systems (ESS) designed to support and stabilize the New York City power grid. Summit Ridge Energy on July 25 said the projects, located across Brooklyn and Staten Island, ultimately will provide 58 MWh of generation to the […]
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Press Releases
Summit Ridge Energy and Qcells Announce Largest Community Solar Partnership in the U.S.
Dalton, GA, April 6, 2023 – Summit Ridge Energy (SRE), the nation’s largest commercial solar company, announced today that it has signed an agreement with Qcells, a leading provider of complete energy solutions, to purchase 1.2 gigawatts (GW) of solar panels to support its development pipeline. This marks the largest equipment purchase in history within […]
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Press Releases
Solar Leader Summit Ridge Energy Announces Tax Equity Partnership with Foss & Company
Arlington, VA (April 14, 2021) – Summit Ridge Energy (SRE) announced today that it has secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund approximately 73 MWdc portfolio of residential and commercial community solar projects across Illinois, Maryland and Maine. “As the leader in the acquisition and […]
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