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. […]