Category: In the News

November 21, 2023

PV Tech: Financing Round-Up: Mainstream funds South African project, Summit Ridge extends partnership and PureSky closes credit facility

Summit Ridge Energy and Japan-headquartered global financial group MUFG have announced a US$275 million expansion of their existing partnership, which has already raised US$100 million for the developer’s solar projects. Read more (and hear from Leslie Elder, Summit Ridge Energy Vice President of Political & Regulatory Affairs): PV Tech 

October 03, 2023

The Daily Record: IGS Energy, Summit Ridge Energy host ribbon cutting for Baltimore Community Solar Project

IGS Energy, the third-largest energy retailer in the U.S. that services Baltimore, and partner Summit Ridge Energy hosted a ribbon-cutting ceremony Aug. 30 in Rosedale to unveil its newest community solar project. Maryland Sen. Benjamin Brooks Sr., D-Baltimore, center, cuts ribbon to officially open the new rooftop community solar project. (Photo courtesy of Summit Ridge […]

September 07, 2023

PV Tech: “A material impact”: could US community solar scale up in the wake of the IRA?

Summit Ridge Energy’s Somerset project has a capacity of 6.7MW. Image: Summit Ridge Energy   As the US looks to decarbonise its energy mix, solar has emerged as one of the most high-potential power sources in the country. A report from the Solar Energy Industries Association (SEIA), the sector’s trade body, and research firm Wood […]

August 31, 2023

PV Magazine: Summit Ridge Energy to develop six rooftop community solar projects in Maryland

The company has also expanded a partnership with climate solutions investor HASI to build and operate a 250 MW community solar portfolio. Image: Summit Ridge Commercial solar and energy storage company Summit Ridge Energy celebrated the construction of six rooftop community solar projects in Maryland, totaling over 17 MW. The projects are part of the […]

July 27, 2023

Energy Storage News: PV developer Summit Ridge Energy completes diesel-displacing battery projects in New York

Speedway, a Summit Ridge community solar project in Illinois. Image: Summit Ridge Energy. Summit Ridge Energy has commissioned two battery energy storage system (BESS) projects in New York City which will help reduce the grid’s reliance on diesel-fueled generation. The developer, which builds, owns and operates commercial and community-scale solar PV and energy storage projects, […]

June 27, 2023

PV Tech: Summit Ridge Energy, Osaka Gas expand solar PV partnership with 100MW pipeline in Virginia

A rooftop community solar project from Summit Ridge in Maryland. Image: Summit Ridge Energy US community solar owner-operator Summit Ridge Energy (SRE) and Japanese energy firm Osaka Gas USA (OGUSA) have expanded their partnership to construct, own and operate more than 100MW of solar PV in Virginia, the US. The joint venture represents a nine-figure […]