Aspen Power, a leading distributed generation platform focused on advancing decarbonization efforts, has announced its partnership to acquire 20 community solar projects, totaling up to 19 megawatts (MW), primarily in Illinois. This strategic move underscores Aspen Power’s commitment to expanding access to solar energy and driving decarbonization efforts across new communities.
Advancing Decarbonization Goals
The acquisition of these solar projects aligns with Aspen Power’s mission to accelerate the transition to a more sustainable energy future. Dan Gulick, Senior Vice President of Community Solar at Aspen Power, emphasized the significance of expanding Aspen’s geographical footprint in Illinois as a pivotal step towards advancing decarbonization efforts and promoting access to green energy in underserved communities.
Policy Support Driving Growth
Illinois has witnessed significant growth in community solar initiatives, particularly under the Climate and Equitable Jobs Act (CEJA). This legislation aims to enhance accessibility to solar energy for low- and moderate-income communities. Aspen Power’s decision to acquire these projects reflects the positive market conditions in Illinois, driven by continued policy support for renewable energy initiatives.
Nationwide Expansion and Partnership
With this acquisition, Aspen Power expands its presence in states with active community solar programs, including Maine, New York, Maryland, and California. Partnering with Common Energy, Aspen Power aims to facilitate local household participation in community solar programs, offering cost savings on electricity bills and contributing to emissions reduction efforts.
Richard Keiser, Founder and CEO of Common Energy, expressed enthusiasm about the partnership with Aspen Power and highlighted the tangible economic and environmental benefits these projects will bring to Illinois residents and communities.
Commitment to Sustainable Energy Future
Aspen Power is steadfast in its commitment to achieving gigawatt-scale distributed generation by mid-decade. By developing and operating renewable energy assets across the United States, Aspen Power endeavors to increase renewable energy production, create clean energy jobs, and mitigate greenhouse gas emissions.
About Aspen Power
Aspen Power is a prominent distributed energy generation platform dedicated to accelerating and democratizing decarbonization efforts. With a focus on developing, constructing, owning, and operating renewable energy assets, Aspen Power collaborates with businesses, communities, and industry partners to deliver a sustainable energy future throughout the United States.
Source：businesswire.com
