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    Onyx and Sol Collaborate on 24 MW Solar Distributed Energy Portfolio Across 5 US States

    March 1, 2024
    The portfolio will produce enough electricity to power 3,285 homes, provide scholarships and other local sponsorships, and include the use of native pollinator habitat at one ground-mounted project
    Onyx Renewables
    65e1ed5cc093f6001e13b563 Onyx Renewables

    Onyx Renewable Partners (Onyx) and Sol Systems (Sol) have signed an agreement to purchase and sell a 24 MWdc solar and storage development portfolio of eight distributed generation (DG) projects for clean, reliable power to businesses and communities across California, Illinois, Maryland, Massachusetts, and New York. 

    Sol originated and developed the portfolio, while Onyx acquired the projects to finance, build, own, and operate them. The projects will power a variety of customers, including a Massachusetts municipality and multiple Fortune 500 companies. 

    The portfolio will produce enough electricity to power 3,285 homes, provide scholarships and other local sponsorships, and include the use of native pollinator habitats at one ground-mounted project. It is expected to be completed by Q1 2025 and will offset approximately 16,000 metric tons of carbon emissions yearly.

    The investments arising from the projects will benefit local communities, help create new job opportunities, stimulate economic growth, and strengthen the commitment of the Fortune 500 companies approving clean energy solutions. 

    “Our partnership with Onyx highlights our ongoing commitment to deploying clean energy projects with a focus on community engagement and excellence in solar and storage development,” said Andrew Grin, Senior Vice President of Enterprise Solutions for Sol Systems. “Sol has built more than 250 MWs of DG solar and storage projects and is proud to work with the Onyx team to continue deploying more renewable energy for our valued customers.”

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.