Maryland-based solar developer Charberton Energy, a relative newcomer to the market, is already developing a pipeline of over 200 MW with plans to “more than double” that number next year.

Convergent Energy + Power is expected to continue scaling its team in 2022 after adding 20 new hires in 2021, according to Chief Strategy Officer Mariko McDonagh Meier in an interview with NPM.

CleanCapital has acquired two operating Massachusetts community solar projects from EDF Renewables with a combined capacity of 12 MW, marking their fifth acquisition close this year.

For years, Standard Solar has been a leader in community solar development, particularly in the Northeast where the market has thrived through a healthy environment for state incentives. The company now owns 223 operational projects with 60 projects finalized over the last year.

Nexamp is looking to scale up its utility-scale business in a meaningful way in 2022 off a recent strategic hire and two successful rounds of capital raise.

Over the last five years, the New York State community solar market has become one of the most vibrant and important in the industry. NPM data currently tracks 185 operational community solar projects in the state with over 1,000 pre-operational projects in the interconnection queue.

The deal will add to OMERS Infrastructure’s portfolio of renewable generation assets, which also includes Leeward Renewable Energy and a 19.4% stake in India-based independent power producer Azure Power Global Limited - a deal that happened earlier this year.

In this episode, NPM's Andrew Burnes speaks with Zaid Ashai, Chairman and CEO of Nexamp.

This NPM State Spotlight is the first in a new report series highlighting the rapidly evolving Community Solar development landscape across the country.

The collateral supporting the transaction was 766 MW of distributed generation and utility scale solar projects spread across 23 states.

The conference panel, led by Joel Cohn of CohnReznick sought to break down where the new money in the market is coming from, where it’s going, and what options are on the table for developers having trouble getting projects in the ground.

As states across the Northeast continue to increase their appetite for renewable energy, brownfield development is becoming an increasingly attractive option, particularly as larger sites like abandoned coal mines and landfills become viable.

The Denver-based company has plans to raise USD 500m in equity and debt. Next, SunShare is planning to move into distributed generation, microgrid projects and storage, said the company's CEO David Amster-Olszewski in an interview with NPM.

The Garden State has the seventh largest installed solar capacity in the country, with a total of 3,520 MW, and more than 523 MW in the pipeline. And while the economic and environmental benefits of New Jersey’s first 3.5 GW of solar have been significant, the state’s solar successor incentive program is expected to have an even greater impact.

Maryland’s Montgomery County Green Bank is offering a pathway forward for small businesses and nonprofits to address operating costs and property health through a new commercial solar Power Purchase Agreement financing program. Launched earlier this year, the program requires no out-of-pocket costs and offers lower monthly payments for solar-generated electricity over 20 years.

There are now 40 states with at least one community solar project online, with approximately 2,600 cumulative MW installed through 3Q 2020. At least 19 states and D.C. have implemented policies and programs around shared renewables, with the next five years expected to see the U.S. community solar market add up to 3.4 GW--enough to power roughly 650,000 homes.

In a new web conference series on solar development hosted by Kimley-Horn yesterday afternoon, representatives from community solar developer Nexamp and utility scale solar developer Invenergy met to discuss the continuing rise of the solar industry and the growing number of challenges facing developers.