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Press Releases
Summit Ridge Energy Becomes Market Leader in Virginia with 100 MW Community Solar Portfolio
Projects will lower electricity rates for low-income households located throughout the Commonwealth An existing Summit Ridge Energy 3.8 MWdc community solar project located in Windsor Mill, MD. (Photo Credit: Summit Ridge Energy) Arlington, VA – November 28, 2023 – Summit Ridge Energy, the nation’s leading commercial solar company, today announced the acquisition of 19 community […]
Summit Ridge Energy Closes $275M Financing Facilities with MUFG
This deal expands the partnership between the organizations and positions Summit Ridge Energy as the commercial solar market leader in Illinois and Virginia A Summit Ridge Energy 3 MW ground-mounted community solar project located in Morgan County, IL (Photo Credit: Summit Ridge Energy) Arlington, VA – November 20, 2023 – Summit Ridge Energy, the nation’s […]
In the News
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 […]
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, […]