Common Energy expanded its portfolio of community solar projects in Illinois, Maryland and Oregon with 400 MW of renewable generation under management. (Source: Shutterstock)
Common Energy expanded its portfolio of community solar projects in Illinois, Maryland and Oregon with 400 MW of renewable generation under management, the company announced in a June 14 news release.
The new deals expand Common Energy’s developer client base and add subscribers for the projects. Common Energy will acquire subscribers for the projects and manage subscriptions under long-term management contracts.
In addition, Common also promoted Christophe Charpentier to COO, who previously served as an associate partner at McKinsey.
“Christophe has impressed Common Energy’s board and partners with his client-first mindset, his operational and technical abilities and his commitment to our team and mission,” said Richard Keiser, founder and CEO of Common Energy. “I am confident that under Christophe’s leadership, Common Energy will continue to deliver outstanding results for our clients, supporting our future growth.”
Common Energy manages community solar projects and over their operating lifetimes will prevent over 6 billion lbs of carbon emissions and enable over $100 million dollars in savings for subscribers.
Recommended Reading
More Oil, Gas Exploration Needed Now—WoodMac
2024-11-25 - New discoveries can reduce costs and emissions intensity while delivering value for resource holders and explorers, Wood Mackenzie analysts said.
Exclusive: CNX Exec Says Natgas Goes Far Beyond Data Center Needs
2024-11-25 - As a resilient energy source, no other solution comes close to providing the dependable power of natural gas, CNX New Technologies President Ravi Srivastavam told Hart Energy.
Vivakor Expands Crude Gathering Network in Oklahoma STACK
2024-11-25 - Midstream company Vivakor is building its network following the October acquisition of Endeavor Crude.
EON Resources Postpones Annual Meeting to December
2024-11-25 - EON Resources is putting off its annual stockholders meeting in anticipation of not having a sufficient number of shares of its common stock represented by the original deadline.
What's Affecting Oil Prices This Week? (Nov. 25, 2024)
2024-11-25 - For the upcoming week, a key resistance level for the price of Brent crude is $76. If the price of Brent crude can break above this level, Stratas Advisors could see Brent crude moving toward $80.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.