Onyx Renewable Partners, LP has announced the acquisition of a 24 MW solar and storage portfolio spanning California, Illinois, Maryland, Massachusetts, and New York, from Sol Systems LLC. These eight DG projects were developed by Sol, later acquired by Onyx for financing, construction, ownership, and operation. The portfolio will benefit diverse customers, including a Massachusetts municipality and Fortune 500 companies, injecting millions into local economies and generating new jobs. These projects are set for completion by Q1 2025, and aim to power 3,285 homes, offsetting 16,000 metric tons of carbon emissions annually.
Sol Systems & Onyx collaborate on 24 MW solar portfolio
The portfolio also supports scholarships, local sponsorships, and native pollinator habitat at one ground-mounted project. (Image Credit: Onyx Renewable Partners).
Annual output of 1.6B kWh from DMEGC’s fishery-PV project saves 496,400 tons of coal and cuts 1.2 million tons of CO2 emissions. (Image Source: DMEGC Solar)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: X-ELIO)
The Mockingbird Solar Center invests $500 million in renewable energy and creates 550 jobs in Texas. (Image Credit/Source: MarkStebnicki/Pexels)
The $529 million Vikings project supports grid stability by shifting daytime solar energy to meet peak demand periods. (Image Credit/Source: NadeemJafar/Pexels)