Advancing energy independence and local impact
Press Releases
Fundamental Renewables Provides Financing to Summit Ridge Energy for Construction of Two Energy Storage Projects
Highlights Fundamental’s Growing Commitment to Solar and Battery Storage Financing With Origination of Over $5 Billion of Renewable Energy Development and Construction Loans to Date.
Summit Ridge Energy Holds Ribbon Cutting for Nation’s Largest Rooftop Community Solar Array
The Bomber, located in Hampstead, MD is the largest community solar rooftop project in the country. ARLINGTON, Va. and HAMPSTEAD, Md., Nov. 30, 2021 — Summit Ridge Energy (“SRE”) held a ribbon cutting ceremony today to celebrate completion of the nation’s largest rooftop community solar project. The 9.2 MW solar project, operated by SRE and […]
In the News
The Associated Press: Harris promotes huge community solar deal in Georgia visit
WASHINGTON (AP) — Continuing its efforts to promote renewable energy, the Biden administration on Thursday announced what it says will be the largest community solar effort in U.S. history, enough to power 140,000 homes and businesses in three states.
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 […]
Social