Category: In the News
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 […]
Investors Hangout: Summit Ridge Energy Launches Major Solar Project in Virginia
Empowering Virginians with Sustainable Solar Energy ELKTON, VA – Summit Ridge Energy (SRE), recognized as a leading solar developer, proudly announced the recent energization of their Scenic Farms Shared Solar Project, a 4.1-megawatt solar installation located in Virginia. This initiative is part of the state’s expanded Shared Solar program, offering innovative solutions for consumers seeking solar […]
WHSV3: Ribbon-cutting ceremony held for new solar facility in Elkton
ELKTON, VA (WHSV) – A ribbon-cutting ceremony was held in Elkton for a new solar facility Thursday morning. Leslie Elder, vice president of policy and regulatory affairs for Summit Ridge Energy, said this solar farm is a shared solar facility, which is unique in the industry. “It is a project that is built off-site, and […]
PV Tech: Summit Ridge Energy and Apollo invest US$400 million in US commercial solar joint venture
This is Summit Ridge Energy and Apollo’s second collaboration US commercial solar developer Summit Ridge Energy (SRE) and investor Apollo have invested US$400 million into a new joint venture to jointly own and operate a portfolio of commercial solar assets in the state of Illinois. While details on the new initiative are sparse, the project […]
Markets Insider: Apollo funds commit up to $400M for Summit Ridge commercial solar partnership
Apollo and Summit Ridge Energy announced that Apollo-managed funds have committed up to $400M for a new joint venture partnership with Summit Ridge to jointly own and operate a portfolio of commercial solar assets across Illinois. Summit Ridge Energy is one of the largest owner-operators of commercial solar assets in the United States, with over […]
Novogradac Journal of Tax Credits: RETC Transfers Bloom Throughout 2024, Including Community Solar Portfolio in Virginia
An aerial view of the Scenic Farms Solar project, a 4.1-megawatt direct current facility in Elkton, Virginia, was one of several systems transferred recently to an undisclosed buyer by Summit Ridge Energy in a renewable energy tax credit transaction. Transfer of federal renewable energy tax credits (RETCS) exploded in 2024, according to professionals in the […]