Summit Ridge Energy
Launched in 2017, Summit Ridge Energy is the nation’s leading commercial solar company. Through its strategic partnerships and project financing expertise, the company develops, acquires, owns and operates energy projects within the rapidly growing commercial solar and battery storage sectors.
In the past six years, Summit Ridge Energy has deployed over $1.6B USD into clean energy assets. With a development pipeline of more than 2 GW, Summit Ridge Energy will have more than 400 MW of PV online by the end of 2023, providing solar power to 50,000 homes and businesses.
Here is a look at some of this week’s renewable energy news, including over $1 billion in equity capital raised for a lithium-ion battery recycler and $2 billion more for a planned EV battery plant.
Solar and energy storage developer Summit Ridge Energy and investor HASI plan to build a 250-megawatt (MW) community solar portfolio in Illinois and Maryland, doubling the size of their existing joint venture partnership.