Summit Ridge Energy (SRE), the nation’s largest commercial solar company, has signed an agreement with Qcells, a provider of complete energy solutions, to purchase 1.2 gigawatts of solar panels to support its development pipeline.
This marks the largest equipment purchase in history within the community solar industry and is viewed by Qcells and SRE as the beginning of bringing American-made clean energy to communities large and small.
SRE will use the solar panels to develop more than 350 solar projects during the next four years, with the first 200 megawatts to be installed before the end of 2023. Once complete, the projects will generate enough clean electricity to power an estimated 140,000 homes and businesses. The agreement between SRE and Qcells also includes 20 megawatt hours of energy storage.
A majority of the solar panels purchased by SRE will be produced in Qcells’ U.S. manufacturing facilities. Made possible in part because of the Inflation Re