Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTStandard Solar buys 2.9-MW community PV park in Maryland
Solar modules. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.
January 18 (Renewables Now) - Standard Solar Inc said today it has acquired the 2.9-MW Klees Mill community solar project in Maryland from development partners Ogos Energy LLC and Earth and Air Technologies.
The asset is a ground-mount solar array in Sykesville, Carroll County, that consists of 7,344 solar modules capable of generating about 4.46 million kWh of electricity per year.
According to John Finnerty, director of business development at Standard Solar, some 5% of the state’s power comes from solar parks. “The new community solar farm at Klees Mill in Carroll County brings the state closer to meeting its goal of having 50% of its energy come from renewable sources by 2030, with a minimum of 14.5% from solar power,” he added.
At present, Standard Solar owns and operates over 220 MW of community solar plants in the US.
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