Strategic Expansion to Enhance Solar EPC Capabilities
AMS Renewable Energy, a prominent New York City-based distributed solar and storage EPC (Engineering, Procurement, and Construction) firm, has announced its acquisition of Collective Solar, a leading distributed generation solar construction company located in Oswego, NY. This strategic move significantly bolsters AMS’s capacity to handle a growing pipeline of projects throughout the Northeast and Mid-Atlantic regions.
Leveraging Collective Solar’s Expertise
Collective Solar brings to the table over 160 megawatts (MW) of solar construction experience, enhancing AMS’s project-level expertise. The integration of Collective Solar’s resources allows AMS to expand its in-house capabilities across design, engineering, logistics, procurement, and construction, catering to developer and Independent Power Producer (IPP) clients.
Growth in a High-Demand Market
The U.S. Government’s Office of Energy Efficiency and Renewable Energy projects a 75% increase in domestic solar energy generation. With this acquisition, AMS Renewable Energy is positioned to meet the escalating demand for solar installations. “This acquisition will enable us to accelerate the deployment of high-performing renewable energy projects across the region and bring us closer to achieving our goal of a cleaner and more sustainable future,” stated Abu Riaz, CEO of AMS Renewable Energy.
Enhanced In-House Operations and National Aspirations
The acquisition enables AMS Renewable Energy to internalize the civil and electrical scopes of its projects, increasing operational efficiencies and enhancing its standing as a national contender in the vertically integrated solar EPC market. Vincent Colletti, CEO and founder of Collective Solar and a licensed Master Electrician, will join AMS as Head of Construction.
“We are thrilled to welcome the talented team from Collective Solar into the AMS family. Their deep commitment to quality and long-term client value aligns perfectly with our mission,” added Riaz.
Future Prospects and Seamless Integration
The union promises to fortify AMS’s operational capacities and extend its market reach. Both companies are dedicated to ensuring a smooth transition for clients and stakeholders, emphasizing continued excellence in service delivery and project execution.
About AMS Renewable Energy
AMS Renewable Energy is a leader in the distributed solar and energy storage sector, licensed as a general contractor across 36 states and managing over 100 MW of distributed generation (DG) solar projects in New York. Known for its robust, vertically integrated, self-performing EPC services, AMS is committed to delivering superior workmanship on complex solar projects. For more information, visit AMS Renewable Energy.
Source: prnewswire.com
