ClearGrid Energy, a community and utility-scale solar developer, is partnering with Citizens Energy Corp., a major solar power developer in Massachusetts, to find sites for solar installations across Massachusetts.
ClearGrid finds solar sites by using a proprietary algorithm-driven site acquisition engine and is currently raising a round of investment to support expansion into a growing list of U.S. solar markets, including community solar and utility power purchase agreements (PPAs).
“This agreement with ClearGrid represents a significant step forward in helping us build an even greater pipeline for our solar energy development,” said Citizens Energy CEO Peter Smith. “Through our relationship with the high-caliber team at ClearGrid, we have put ourselves in a strong position to develop additional solar projects. Their data-driven method to site acquisition will help us build our pipeline in Massachusetts as we look forward.”
Citizens will finance certain projects that ClearGrid helps identify and coordinate. ClearGrid will originate the projects and manage key aspects of development, bringing projects to the “Notice to Proceed” stage, where they are construction-ready.
“We are pleased to be working with Citizens, an organization known for its first-class personnel, extensive relationships and exceptional project track record. We are looking to forward to supporting their mission and bringing high-quality solar projects toMassachusetts,” said Michael Wyman, CEO and Founder of ClearGrid Energy.
— Solar Builder magazine