News AES acquires Community Energy Solar renewableenergyworldcontentteam 12.15.2021 Share (Community Energy developed the 100 MW Amazon Solar Farm in Virginia.) The AES Corporation said it is acquiring Community Energy Solar, LLC in a move expected to further bolster its renewable energy expansion efforts. Terms were not disclosed. With offices in Radnor, Penn., and Boulder, Colo., the Community Energy team has developed more than 3 GW of solar and storage projects. AES’ U.S. renewables portfolio now includes 4.4 GW of operating assets and 5.7 GW of signed power purchase agreements (PPAs). In July, Community Energy marked the milestone of 2 GW of solar projects developed and financed since entering the solar development business in 2010. It completed its first gigawatt of development in about 10 years, then added a second gigawatt in less than two years. The company developed the 100 MW Amazon Solar Farm Virginia – Southampton in Virginia which supplies Amazon Web Services data centers under a long-term PPA. The project was built by, and is owned and operated by Dominion Energy, Inc., a unit of Dominion. In November, AES boosted its full-year 2021 target to sign renewables under long-term PPAs to 5 GW, from 4 GW. Related Posts US announces offshore wind auction for Central Atlantic Sun, water, federal dollars power new energy projects in Kentucky As Michigan’s clean energy industry expands, the state is helping workers with the transition How the Inflation Reduction Act is playing out in one of the ‘most biased’ states for renewables
