US installer Astrum and Hudson Clean Energy form US$100 million partnership

Facebook
Twitter
LinkedIn
Reddit
Email

US residential installer Astrum Solar will receive a US$100 million in financing from private equity firm Hudson Clean Energy, aimed at lowering PV system costs for its customers.

The two companies announced a partnership deal earlier this week, which will be used in Astrum’s business across the USA. Astrum claims the deal will allow it to accelerate “its mission of spreading solar power to residential rooftops”. Further details have not been released however. Josh Goldberg, executive vice-president of Astrum said his company was excited by the “validation” the partnership provided, describing Hudson as “a valuable partner with an exceptional understanding of solar finance”.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Headquartered in Maryland, the majority of Astrum Solar’s offices and customers are based on the east coast of the US, although the company also has offices in California and Arizona. In total, there are Astrum regional offices in 13 states. The company offers both leasing and purchase options and uses Enphase microinverters on all its installations.

Hudson Clean Energy, as suggested by the name, focuses solely on the areas of renewable energy, energy efficiency, storage and alternative fuels. On its launch in 2007, the company held over US$1 billion in equity. In September last year, Hudson launched a fund worth US$150 million to invest in solar infrastructure projects. The Hudson Solar Infrastructure Program (HSIP), as it is known, provides financing for project construction costs as well as providing long-term equity.

Read Next

September 12, 2025
Colombian energy supplier Celsia is seeking more than US$1.2 billion in investment to build wind and solar generation projects in Peru. 
September 12, 2025
German trade association BSW-Solar has called the German government for a simplified, standardised and more digitalised grid access for solar PV and energy storage operators.
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.
Premium
September 12, 2025
Vote Solar's Sean Garren tells PV Tech Premium that Georgia Power's latest IRP is 'skewed so heavily towards fossil fuels'.
September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines