Vesper Energy has sold two significant PJM solar assets, Gaucho Solar and Nestlewood Solar, to Octopus Energy Generation, which manages a $9 billion green energy portfolio. Nestlewood Solar, situated on 610 acres in Ohio, offsets power for a Fortune 100 e-commerce leader and supports local employment and biodiversity. Gaucho Solar, covering 68 acres in Pennsylvania, aids the University of Pittsburgh’s sustainability goals with 55,000 solar panels. Combined, the projects generate 100 MWac annually, powering 20,000 homes. Vesper Energy will continue managing both sites to ensure a smooth transition and community support. This sale marks Vesper’s second major deal in 2024.
Vesper sells PJM assets to Octopus
Combined, Gaucho and Nestlewood Solar generate 100 MWac annually. (Image Credit: Vesper Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)
China Energy Engineering Corporation taps Huasun’s high-efficiency HJT solar modules for its 2024 projects. (Image Source: Huasun)
Saatvik Solar will supply GH2 Solar with bifacial PV modules over a 12-month period beginning January 2025. (Image Source: Saatvik Solar)