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).
SECI projects totaling 1,023 MW were commissioned in Jaisalmer, Rajasthan, by Acme Solar, utilizing ISTS connections and SECI PPA financing. (Image Credit/Source: Andreas160578/Pixabay)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdrola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)