Developing Effective Net-Zero Roadmaps
Solving the challenges associated with corporates and industrials achieving their environmental sustainability targets through a holistic approach that encompasses supply, demand, and efficiency optimization behind the meter.
Community Solar
Connecting US communities with solar
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A community solar project is a solar power plant whose generated electricity is shared by the local community.
The purpose of the community solar farm is to power the local community with clean energy, giving all members of the community the opportunity to reap the benefits of the solar power being produced. In comparison to on-site installations, participants do not need to install any solar panels on their property.
Environmental Leadership & Community Engagement
Working with local stakeholders, we ensure our renewable energy projects also contribute to a heathier environment. Throughout North America, we've launched initiatives such as developing pollinator fields to improve biodiversity, dual-use farming combining solar and agriculture, and forest conservation programs linked with education initiatives.
Exploring the Renewable Energy Development Cycle: Jared Donald
June, 2022
Renewable energy development can be a long and complicated process, but for Amp Energy's Executive Vice President and Head of US Operations, its also an opportunity to build stronger local communities.
Having successfully weathered the COVID-19 storm, the US renewable energy industry is now gearing up for a decade of unprecedented growth. Across the country, there are currently more than 200GW of solar and wind projects in the development pipeline, 35GW of which are expected to come online before the end of 2021.
For Jared Donald, a 15-year industry veteran overseeing Amp's US operations, the renewable development cycle is both challenging and rewarding. "It's an extremely nuanced, detail-based business, and it's continuing to grow in complexity," he said. "There are many different individuals, stakeholders, and government bodies involved throughout the process, each of which can influence the entire project. But despite these challenges, there are also many tremendous opportunities."
Amp Secures Tax Equity and Debt Financing for $155M Community Solar + Storage Portfolio
Amp has closed financing on its 61 MW | 6.5 MWh solar plus storage portfolio in Massachusetts and New York, valued at $155M. KeyBank led the construction and term debt, with U.S. Bank investing the tax equity for the portfolio, in the fourth transaction amongst the three parties since 2017.
Amp Secures $88M Financing for Another New York Community Solar Portfolio
Amp has successfully closed financing for the construction of six community solar projects in New York State. The clean energy generated by the 34 MW portfolio is fully contracted for sale to local businesses and consumers, with commercial operation expected to begin in the first quarter of 2022.
Amp Closes Financing on $106.5M New York Portfolio of Community Solar + Storage Projects
The portfolio consists of five separate community solar projects, including three sites paired with battery storage, located throughout central New York State. The 40 megawatts of solar generation will be fully contracted upon completion by a mix of residential and commercial customers.