Advancing energy independence
and local impact
Press Releases
Summit Ridge Energy and Bank of America Close $305 Million Credit Facility for Solar Portfolio
Strategic Partnership Highlights Continued Attractiveness of Distributed Solar Assets toCapital Markets A Summit Ridge Energy 3 MW solar project located in Delmar, MD. (Photo Credit: Ben Paul Morris) ARLINGTON, VA [September 9, 2025] – Summit Ridge Energy, the nation’s leading commercial solar company, today announced the closing of a $305 million senior secured credit facility […]
Arena Renewables Completes Sale of 40MW Illinois Solar Portfolio to Summit Ridge Energy
CHICAGO, IL [May 28, 2025] – Arena Renewables LLC (Arena), a leading community and distributed solar and storage developer, announced today the sale of six Illinois remote crediting solar projects to Summit Ridge Energy, a leading developer and owner-operator of commercial solar projects. The portfolio, which totals roughly 40 megawatts (MW) of installed capacity, will […]
In the News
Solar Powers Illinois: Faces of Solar – Mark Raeder, Founding Principal, Summit Ridge Energy
Few people have had as significant an impact on the Illinois solar industry as Mark Raeder, a founding Principal of Summit Ridge Energy. Mark Raeder was among the most impactful people in Illinois’ solar industry. Anywhere you look across the Illinois solar industry – whether that is developing solar installations, shaping impactful legislative policy, or […]
Solar Power World: Summit Ridge Energy building 5.1-MW solar project supporting Illinois data centers
Commercial solar contractor Summit Ridge Energy is working with Digital Realty to deliver 5.1 MW of solar energy annually for the data center company’s operations. With this purchase, Digital Realty, which provides of cloud- and carrier-neutral data center solutions, will advance its sustainability objectives. This agreement includes both savings on energy costs and the purchase of renewable […]
News Stories
Solar Power Meets Beekeeping: The Partnership Behind Cross Road Trail Solar Site
What happens when forward-thinking engineers and passionate beekeepers join forces? At Summit Ridge’s Cross Road Trail solar site in Brandywine, Maryland, the result is a thriving landscape where solar technology and pollinator habitats work together to deliver value for the entire community. The Cross Road Trail Solar Site is part of Summit Ridge’s 9 MW […]
From Pit to Power: How a Gravel Site Became a Local Energy Solution
In the quiet heart of Brandywine, Maryland, on land once used for mining sand, gravel, and discarded construction debris, a new chapter began in 2019. One that not only restored value to the land but also delivers reliable, domestically generated electricity and energy cost savings to more than 1000 residential subscribers. This Solar Spotlight […]
Podcasts
Climate Positive Podcast: How Summit Ridge Energy Went from Being a Small Startup in Community Solar to the Industry Leader
Steve Raeder, founder and CEO of Summit Ridge Energy, the nation’s leading commercial solar company, recently appeared on the Climate Positive podcast to share learnings from the frontlines of a dynamic industry. Since its founding in 2017, Summit Ridge has invested more than $1.6 billion into clean energy assets, including a development pipeline of […]
The Solar Maverick Podcast: How Summit Ridge Energy is dominating the Virginia Community Solar Market
The Virginia Clean Economy Act aims to convert Virginia’s electric grid to 100% clean energy by 2050. Pairing that local legislation with the federal Inflation Reduction Act is allowing Summit Ridge Energy to invest in the Commonwealth and move the state closer to reaching decarbonization goals while moving the economy forward. In November 2023, Summit […]