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Press Releases
Summit Ridge Energy and Cypress Creek Renewables Complete “Simba” Community Solar Project
Summit Ridge Energy (SRE) announced today the completion of “Simba,” a 3.0 MW community solar farm built across 24 acres in Prince George’s County, Maryland.
Hannon Armstrong and Summit Ridge Energy to Jointly Invest in Community Solar; Initial Projects Launching in Maryland
Hannon Armstrong (NYSE: HASI), a leading investor in climate change solutions and Summit Ridge Energy (SRE), a leading developer of U.S. solar power plants, today announced that they will jointly invest in community solar projects across several U.S. markets.
In the News
PV Magazine: Summit Ridge raises tax equity for 50 MW Maine and Illinois solar portfolio
The $67 million investment utilizes the Inflation Reduction Act’s (IRA) Qualified Advanced Energy Project Credit program. Once guidance for low- and moderate-income community incentives and domestic content requirements program is finalized, the developer expects to expand its partnership with the tax investor to fund additional projects in underserved and traditional energy communities. ComEd and Summit […]
Solar Builder: Babcock & Wilcox awarded $15M in Illinois community solar contracts
Babcock & Wilcox Solar Energy Inc., a subsidiary of Akron, Ohio-based Babcock & Wilcox Enterprises Inc. (B&W), has been awarded $15 million in contracts by Summit Ridge Energy LLC (SRE) to engineer, procure and construct five community solar power installations in Illinois. The projects total approximately 15 MW and are scheduled for completion in 2023. […]