We’re joining forces with global energy developer ENGIE, a leader in the world’s transformation to a low-carbon energy economy, to accelerate regional scaling of the community solar market in the Northeast U.S. and broaden access to the benefits of affordable, local, clean power generation to a significantly wider customer base.
The joint development agreement fast-tracks a large portfolio of community solar development in the Northeast; and the two companies will share financial and technological resources to develop and deploy a large-scale portfolio of community solar projects across several Northeastern states that will serve residential, commercial and public entities.
“Our relationship with ENGIE, coupled with our unmatched ability to deliver localized, market-specific community solar solutions on a national scale, makes the possibilities for community solar nearly limitless,” said CEC’s founder and CEO, Paul Spencer. “No two companies are better positioned to accelerate broad and equal access to affordable clean energy. We are pursuing dozens of projects in five states and this will pave the way for exciting new innovations in the rapidly-expanding community solar industry.”
The move underscores the confidence in community solar’s rapid expansion as one of the world’s largest energy companies is now deeply involved with the community solar market’s leading player. This new portfolio of community solar projects will be in addition to the Sept. 7, 2017 announcement that both companies worked together to complete a Massachusetts community solar portfolio consisting of 17 solar facilities.
To read the complete press release, please view it in our online newsroom.