The solar real estate investment fund, which leases solar sites from landowners, closed the deal with Nuveen.
The developer is active in community solar, multifamily, commercial, industrial, and rooftop markets.
Through a unique power purchase and community impact agreement with Microsoft, Sol Systems announced a total investment of over $1 million in 2022 in five initial partner organizations focused on workforce development, energy access, or community resiliency. The company said it plans to invest at least $50 million in underserved communities in the US.
Also on the rise: Nitricity’s plasma reactor produces fertilzer with solar energy. Standard Solar acquires community solar project in Maryland. SIRC expects to realize big revenue boost from seven acquisitions. CS Energy deploys trackers in the Northeast, a region not known for tracker deployment.
New community solar farm brings Maryland closer to achieving its goal of 50% energy from renewables by 2030.
The EPC firm deployed several projects, averaging about 25 MW, in a region that deploys tracker projects at a lower rate than the national average.
The 0.55 MW/2.2 MWh Elk Neck Battery Storage Pilot Program is intended to demonstrate the utility of distributed energy resources under real-world market conditions.
The combined company will manage more than 130 MW of community solar and virtual net metered renewable energy projects.
The installation brings Summit Ridge’s Maryland rooftop community solar portfolio to more than 75 MW.
A total of nine projects will benefit more than 5,000 Maryland households through community solar subscriptions.
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