The US$309 million back-leveraged term loan will support 80 community solar projects owned by Summit Ridge Capital Holdings, a joint venture (JV) between Summit Ridge Energy and HASI
US independent power producer Pivot Energy and electric vehicle (EV) manufacturer Rivian have partnered to build 60MW of community solar in Illinois, US.
Between 2024 and 2028 the US community solar market is expected to add 7.6GW of new capacity in existing state markets, according to a report from Wood Mackenzie and the Coalition for Community Solar Access (CCSA).