Solops Acquires New York Commercial Solar Portfolio

Solops Acquires New York Commercial Solar Portfolio

PALM BEACH GARDENS, FL. February 27, 2025 – Solops LLC (“Solops”), a distributed generation platform with the mission of accelerating and democratizing decarbonization, announced today that one of its subsidiaries has acquired 4 ground-mounted solar projects in New York State from Solar Site Developers (“SSD”). The acquired sites total more than 79 megawatts of direct current (MWdc) projects.

The projects have been acquired from SSD who will co-develop them with Solops under a development agreement. They are currently in the engineering design stage, with construction expected to begin in 2025. The projects will provide bill credits to utility customers via the Value of Distributed Energy Resources program in the state of New York.

“We are proud to advance decarbonization together with the team at Solar Site Developers, who have been partners in the preliminary stages of bringing those projects to life,” said Matt West, Chief Operating Officer, Solops, LLC. “Building on Solops’ portfolios in New York is a key element of achieving our goal of gigawatt-scale in the coming years,” he said.

Solops often works with early-stage developers to bring more clean, renewable energy online while providing a source of recurring revenues to landowners. Our development partners benefit from reliable project funding, streamlined implementation, and access to a broader pool of resources.

These types of projects also support New York’s and the country’s renewable energy goals by increasing renewable energy production, promoting clean energy jobs, and reducing greenhouse gas emissions.