CleanTechnica•26 days ago
Aspen Power Acquires New York Community Solar Projects
Key Takeaway
This acquisition signifies ongoing consolidation and growth in the community solar market, driven by developers like Aspen Power expanding distributed generation portfolios in favorable regulatory environments.
AI Summary
- •Aspen Power acquired two community solar projects totaling nearly 7 MW in Upstate New York, part of a larger 18 MWdc portfolio from CTEC Solar.
- •This acquisition signals continued M&A activity and consolidation within the distributed generation and community solar sectors, particularly in policy-supportive states like New York.
- •For developers, it indicates active project pipeline development and market opportunities in community solar; for large loads, it expands local clean energy options and potential PPA availability.
Topics
m&apolicysolar
Article Content
Two Upstate New York projects from CTEC Solar total nearly seven megawatts Aspen Power, a leading distributed generation platform building the clean energy future, today announced it has acquired the first two projects in an 18-megawatt direct current (MWdc) portfolio in upstate New York. The initial projects will cumulatively generate ... [continued] The post Aspen Power Acquires New York Community Solar Projects appeared first on CleanTechnica .