Category: In the News

February 06, 2024

Solar Power World: Castillo Engineering, Summit Ridge Energy start 82-MW community solar portfolio development

A 3-MW community solar project in Morris, Illinois. Summit Ridge Energy Castillo Engineering has been selected by Summit Ridge Energy, a commercial solar contractor, to provide design and engineering services on an 82-MW portfolio of 26 community solar projects in Illinois. Part of the Illinois Shines or Adjustable Block Program, each of the community solar […]

January 08, 2024

Energy News Network: IRA offers lucrative incentives for low-income community solar, but also creates new challenges

Developers are working to build trust in communities that have long been shut out of the clean energy transition. The Briscoe2A community solar project in LaSalle County, Illinois. Credit: Summit Ridge Energy Community solar is inherently a way to expand equity in solar access, as advocates describe it, since it makes clean energy and savings […]

December 18, 2023

Forbes: Leading Experts Weigh In On Growing The U.S. Economy In 2024

New York City, USA – June 25, 2016: The New York Stock Exchange on Wall Street. It is the largest stock exchange in the world by market capitalization. GETTY The United States economy has rebounded strongly from the Covid-19 recession, aided by a heavy-handed and enduring government policy response. Since the pandemic hit, the U.S. […]

December 14, 2023

Solar Power World: Summit Ridge Energy and ComEd complete 8.7-MW Illinois community solar portfolio

ComEd and Summit Ridge Energy announced the completion of three community solar projects in Dekalb County, Illinois. This increases the number of community solar projects in ComEd’s northern Illinois region to 103, of which nearly 40% have been developed by Summit Ridge. The projects will enable ComEd customers to save money on their electric bills […]

December 13, 2023

PV Tech: “It’s always good to diversify your partners”: how new legislation and fresh investors have impacted the US solar sector

Summit Ridge Energy has raised US$1 billion in capital in 2023. Meeting the world’s changing energy needs will require a number of prerequisites, including technological innovation, political will and, perhaps most crucially of all, financial investment. The International Energy Agency (IEA) reports that, in 2023, developers will invest US$380 billion into the global solar sector, […]

December 12, 2023

Novogradac: Sponsors, Developers Seek Clarity in Guidance, Say Panelists at Novogradac Conference

A common thread weaved together the multiple topics of The View from Sponsors, Developers panel last month at the Novogradac 2023 Fall Renewable Energy and Environmental Tax Credits Conference in Washington, D.C.: more clarity is needed on several issues. Excerpt: Jake Compton, director, project finance for Summit Ridge Energy, told attendees that rising interest rates […]