Alan Neuhauser of Axios reports on new private sector funding for solar projects.
- Aspen Power Partners, a Dallas-based startup, has launched with $120 million in funding.
- The company’s focus will be on expanding the production of distributed solar such as rooftop solar.
- Wood Mackenzie has projected that the community solar market will expand by 9% over the next year.
- Private sector innovation is leading us to a cleaner energy future.
“Distributed solar generally describes projects less than 1 MW in capacity, such as rooftop solar panels atop homes and businesses. Community solar refers to slightly larger developments — typically about 2 MW in capacity — that may serve a neighborhood or other geographic area.”
Read the full article here.