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Press Releases
Summit Ridge Energy Secures $290 Million Facility with MUFG to Expand Commercial Solar Portfolio
New Financing Accelerates Locally Generated Power, American Manufacturing, and Community Benefits A Summit Ridge Energy 2.4 MW solar project located in Braidwood, IL. ARLINGTON, VA [January 13, 2026] – Summit Ridge Energy, a leading developer, owner, and operator of commercial solar projects, today announced the closing of a $290 million facility with MUFG (Mitsubishi UFJ Financial Group). The facility will finance the development and […]
Apex and Summit Ridge Announce Sale of Illinois Distributed Energy Portfolio
20 MWac Transaction Marks Third Collaboration to Deploy Local Energy Infrastructure Dogwood Lane, a 4.4 MWdc solar project in Kenbridge, VA, developed through Apex and Summit Ridge Energy’s 2023 collaboration CHARLOTTESVILLE, VA [December 4, 2025] – Apex Clean Energy and Summit Ridge Energy today announced the sale of four distributed solar projects totaling 20 MWac. […]
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
NOTICE OF PRE-HEARING CONFERENCE
BEFORE THE PUBLIC SERVICE COMMISSION OF MARYLAND ICFTS MD SOLAR, LLC’S APPLICATION FOR A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY TO CONSTRUCT A 4.63 MW SOLAR PHOTOVOLTAIC GENERATING FACILITY IN CAROLINE COUNTY, MARYLAND CASE NO. 9835 NOTICE OF PRE-HEARING CONFERENCE A pre-hearing conference in the above-entitled matter is scheduled for Friday, February 6, 2026, at 9:30 a.m., concerning ICFTS […]
Rooftop Solar Milestone: Maryland Celebrates Energy Savings & Economic Growth
Capitol Heights, Maryland, is shining a little brighter this fall as Summit Ridge, Invesco Real Estate, Black Bear Energy, and Lincoln Property Management celebrated the completion of five rooftop community solar projects totaling an impressive 4.7 MW of cost-saving solar power. Hosted across five industrial buildings owned by Invesco Real Estate, these solar sites represent […]
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 […]