Author: David Rodriguez

WASHINGTON (AP) — Continuing its efforts to promote renewable energy, the Biden administration on Thursday announced what it says will be the largest community solar effort in U.S. history, enough to power 140,000 homes and businesses in three states.

ComEd and Summit Ridge Energy (SRE) have announced the opening of the 75th community solar development in ComEd’s service territory.

“Sustainability Hub” to train and employ 10,000+ local Illinois residents for solar careers

The portfolio builds on a multi-year partnership and makes SRE one of the largest energy storage operators in NYC

ARLINGTON, Va., September 1, 2022 — Summit Ridge Energy (SRE), the nation’s leading owner-operator of community solar assets announced today an expansion of its joint-venture with Osaka Gas USA Corporation (OGUSA), a subsidiary of Osaka Gas Co. Ltd, to develop more than 50 megawatts (MW) of community solar power projects located throughout Ameren’s service territory in the state of Illinois. 

The projects will provide clean energy savings to residential and commercial customers through the state’s community solar program, “Illinois Shines”, and increases SRE’s fleet of community solar assets either operational or under development to 250MW across the state.

“We’re thrilled to expand our relationship with OGUSA,” said Summit Ridge Energy CEO Steve Raeder. “Our continued partnership will allow more households and businesses to benefit from clean energy savings, create additional jobs across the state and generate meaningful tax revenue to numerous local economies.” 

This partnership marks the second collaboration between SRE and OGUSA after an initial solar development partnership in Maine in 2021. 

“OGUSA is pleased to continue our transformational partnership with SRE into the state of Illinois. We’re eager to pursue new markets through our longstanding relationship, and further decarbonize the US power grid together,” said Sunao Okamoto, President & CEO of OGUSA.”

About Summit Ridge Energy

Launched in 2017, Summit Ridge Energy is the nation’s leading owner-operator of community solar assets. Through dedicated funding platforms, the team acquires pre-operational projects within the rapidly growing solar energy and battery storage sectors. With over 100 operating solar projects across markets, the team has established itself as a reliable industry partner. By 2023, SRE will have more than 300MW PV and more than 40MWh of battery storage online serving over 200,000 residential and commercial customers. Learn more at www.srenergy.com.

Media Contacts

Regan Keller
Summit Ridge Energy
sre@antennagroup.com

Elder brings fifteen years of energy policy expertise to the company’s regulatory affairs team

NEW YORK, July 27, 2022 – Summit Ridge Energy, the nation’s leading Community Solar provider, announced the addition of Leslie Elder to the organization’s Management team. Leslie will be joining as Vice President of Political and Regulatory Affairs.

In this role Leslie will drive the firm’s strategic efforts to engage federal and state governments, collaborating with her long list of industry and political colleagues. With more than fifteen years of regulatory and campaign work, most recently as Director of the MidAtlantic Region for CCSA (the Coalition for Community Solar Access), Leslie will educate leaders on the economic and social benefits of community solar energy and energy storage.

“We are thrilled to add Leslie’s experience, skills and enthusiasm to our team,” said Steve Raeder, CEO of Summit Ridge Energy. “With so much new renewable energy potential on the horizon and many more markets to break open, we are excited that Leslie will bring real value in making clean renewable energy accessible to all.”

“I am delighted to join Steve and the entire Summit Ridge Energy team to expand community solar policy and move the clean energy transition forward,” said Leslie. “Ours is a vitally important mission, bringing renewable energy and real cost savings to those who can’t otherwise participate in the benefits of solar and clean storage.”

About Summit Ridge Energy

Launched in 2017, Summit Ridge Energy is the nation’s leading owner-operator of community solar assets. Through dedicated funding platforms, the team develops, acquires and finances projects within the rapidly growing solar energy and battery storage sectors. By the end of 2023, Summit Ridge expects to have more than 500 MW of solar and 100 MWh of battery storage projects online providing energy savings to approximately 175,000 residential and commercial customers. Learn more at srenergy.com.

Media Contact:

Regan Keller
sre@antennagroup.com