HomeDecember 1, 2020
Solar Developer Acquires 17 MW Community Solar Portfolio In New York From Retail Supplier Parent
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Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets.
Source Renewables' subsidiary, Source Power Company, is managing the subscription and ongoing customer relationships for the projects. Source Power Company, a trade name of Icon Energy LLC, is also an ESCO in New York
The three projects, one of which includes solar and storage, were developed by Source Renewables from greenfield, and are expected to reach commercial operation next summer. The portfolio comprises three separate New York State properties in Chautauqua, Oswego, and St. Lawrence Counties. The Oswego County site includes up to 8,000 kWh of energy storage service (ESS).
"We're looking forward to seeing more projects from the 85 MW pipeline that Source Renewables has under development," said says Lauren Craft, Director of Asset Acquisitions at DSD.
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