Energy Acuity is the leading provider of solar power generation and power delivery market intelligence. Below are the Top 10 U.S. Solar Developers by capacity (MW) within the Energy Acuity’s Renewable Platform as of March 2019.
2019 Top 10 U.S. Solar Developers
Chart Key: PC = Pre-Construction, UC = Under Construction
1.) Cypress Creek Renewables | Santa Monica, CA
Capacity (MW) | 10,002.60
Projects | 736
Cypress Creek Renewables business model is primarily focused on utility-scale ground mount projects. Cypress brings extensive development experience and aggressive financing to create new opportunities in emerging solar markets. With more than 3 gigawatts of solar developed and deployed in more than a dozen states, Cypress Creek Renewables is currently (as of February 2019) the United State’s largest solar developer by capacity (MW).
2.) First Solar | Tempe, AZ
Capacity | 7,949.90
Projects | 70
First Solar is a leading global provider of comprehensive photovoltaic (“PV”) solar systems which use its advanced module and system technology. The Company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment.
3.) NextEra Energy Resources | Juno Beach, FL
Capacity | 7,340.83
Projects | 113
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns two electric companies in Florida: Florida Power & Light Company, which serves more than five million customer accounts in Florida and is the largest rate-regulated electric utility in the United States as measured by retail electricity produced and sold; and Gulf Power Company, which serves more than 460,000 customers in eight counties throughout northwest Florida. NextEra Energy also owns a competitive energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world’s largest generator of renewable energy from the wind and sun and a world leader in battery storage. A Fortune 200 company and included in the S&P 100 index, NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics, compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utility industry on Fortune’s 2019 list of “World’s Most Admired Companies” and ranked among the top 25 on Fortune’s 2018 list of companies that “Change the World”.
4.) Ecoplexus | San Francisco, CA
Capacity | 6,289.13
Projects | 175
Ecoplexus develops and operates utility-scale solar PV projects for the wholesale and retail market in the U.S., and internationally. With a large construction and development pipeline of over 1 GW in the U.S., Japan, Latin America, and Turkey, representing over $750 million in project value, Ecoplexus is actively developing or buying renewable energy assets at every stage. The Company also provides operation and maintenance (O&M) services for investor/owners for approximately 55 projects. Ecoplexus focuses on distributed generation projects in the 500KW to 5 megawatts (MW) range.
5.) 8minutenergy | Folsom, CA
Capacity | 4,892.36
Projects | 29
8minutenergy develops, finances, engineers, constructs, holds, operates and maintains solar projects. Their projects target all regions of the United States, including California – the largest renewable energy market in the U.S. – where demand for their power is considerable. 8minutenergy also acquires and develops projects that are ready for construction. 8minutenergy’s unique, proprietary process accelerates permitting and development by selecting land-sites and technologies that mitigate risk and minimize approval obstacles. Power grid analysis and detailed land assessments are employed to choose optimal power plant sites that are then validated for economic viability. As a result of this, and the extensive experience of their veteran team, their development timeframe is typically much faster than those of other solar developers. 8minutenergy prefers to build its solar projects on “disturbed” land (for instance, low-value farmland) for lower environmental impact and faster permitting. 8minutenergy goal is to finance and construct solar PV projects at the most competitive energy price possible.
6.) sPower | Salt Lake City, UT
Capacity | 4,752.18
Projects | 105
sPower, an AES and AIMCo company, is the largest private owner of operating solar assets in the United States. sPower owns and operates a portfolio of solar and wind assets greater than 1.3 GW and has a development pipeline of more than 10 GW. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a worldwide energy company headquartered in Arlington, Virginia, and the Alberta Investment Management Corporation, one of Canada’s largest and most diversified institutional investment fund managers.
7.) Recurrent Energy | San Francisco, CA
Capacity | 3,387.64
Projects | 61
Recurrent Energy is a leading utility-scale solar project developer, delivering competitive, clean electricity to large energy buyers. Based in the U.S., Recurrent Energy is a wholly owned subsidiary of Canadian Solar, Inc., and functions as Canadian Solar’s U.S. project development arm. Recurrent Energy’s development strategy is to build a balanced portfolio of utility-scale solar projects ranging in size from 20- 500 megawatts (MW) to meet the increasing demand from utilities for clean electricity at highly competitive prices. Recurrent Energy has more than 4 GW of solar projects in development in the U.S.
8.) Invenergy LLC | Chicago, IL
Capacity | 3,033.68
Projects | 32
Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the U.S. and Europe. Invenergy’s home office is located in Chicago and has regional development offices in the United States, Canada, Mexico, Japan, and Europe. Invenergy and its affiliated companies have developed more than 21,700 megawatts (MW) of projects that are in operation, construction or contracted, including wind, solar, natural gas-fueled power generation and energy storage projects.
9.) Hecate Energy LLC | Nashville, TN
Capacity | 2,965.87
Projects | 43
Hecate Energy is a leading developer, owner, and operator of power plants in North America and internationally. Hecate Energy brings together business acumen, technical understanding and significant experience in the industry to develop world-class power projects. The company specializes in solar and wind power, natural gas plants and energy storage, unearthing creative approaches to structuring PPAs and financing power projects. Hecate Energy believes in collaborative, long-term partnerships with the communities, organizations, and the countries it serves.
10.) SunPower | San Jose, CA
Capacity | 2,737.04
Projects | 226
As one of the world’s most innovative and sustainable energy companies, SunPower (NASDAQ: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools, and utilities around the globe rely on SunPower’s more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, and North and South America.
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