Category: In the News
Trio Advisory: Transform – Auto Program Announces First Community Solar Cohort Agreement
Trio, a global sustainability and energy advisory company, today announced that the Transform: Auto program, launched with the Suppliers Partnership for the Environment (SP) in late 2024, has executed its first community solar agreement between Magna and project developer Summit Ridge Energy, the nation’s leading commercial solar company. Magna’s contract with Summit Ridge Energy will […]
Illinois Shines / Illinois Power Agency: [Case Study] Rockford, IL Achieves Affordable Clean Energy and Community Benefits Through Innovative Illinois Shines Solar Development
This Community-Driven-Community-Solar case study was originally published by the Illinois Power Agency. To view the Illinois Shines Program’s case studies, please visit the About page on the Program website Excerpt: For communities like Rockford, renewable energy projects provide more than clean, sustainable energy. They also create new jobs, economic activity, engagement with community organizations and partners, positive environmental impacts, and more. This case study highlights […]
BriefGlance: Summit Ridge Energy Lands $290M to Expand US Commercial Solar Fleet
Summit Ridge Energy 2.4 MW solar project in Braidwood, Illinois. Summit Ridge Energy, a major U.S. commercial solar developer, has secured a $290 million financing facility from global banking giant MUFG. The deal marks the fifth and latest collaboration between the two firms, pushing their total joint financing to nearly $1 billion and signaling deep […]
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 […]
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 […]