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Acquisition reflects Standard Solar\u2019s appetite for high-quality community solar projects in New York and across the United States<\/p>\n
ROCKVILLE, Md., May 27, 2026–(BUSINESS WIRE<\/a>)–Standard Solar<\/a>, a leading developer, owner and operator of commercial and community solar assets, today announced the acquisition of two New York community solar projects from EDF power solutions North America<\/a>, adding to the company\u2019s substantial existing portfolio in one of the nation\u2019s most active distributed-solar markets.<\/p>\n Standard Solar currently owns and operates 82.3 megawatts (MW) of solar and 5.6 MW of storage in New York. The addition of the Water Chestnut and Hanoverian community solar projects builds on that established portfolio and reflects the company\u2019s continued pursuit of high-quality community solar assets across the state.<\/p>\n The two projects total approximately 8 MW and are located in Allegany and Monroe counties. Water Chestnut is a 3.9 MW community solar project located in Alfred Station in Allegany County, and Hanoverian is a 4 MW community solar project located in West Henrietta in Monroe County. Both projects received awards from NYSERDA and are expected to be completed in early 2027. Once operational, the projects will provide clean energy to New York communities while expanding access to the benefits of solar for local subscribers.<\/p>\n “New York has long been an important market for Standard Solar, and this acquisition builds on the established portfolio we already own and operate across the state,” said Megan Byrn, VP of Business Development, Standard Solar. “These projects reflect our continued focus on acquiring high-quality community solar assets in New York and nationwide. By working with experienced development partners like EDF power solutions, we can help move strong projects forward efficiently and deliver long-term value for customers, communities and the grid.”<\/p>\n New York remains a leading U.S. solar market, with more than 7,900 MW of installed solar capacity, enough to power more than 1.3 million homes, according to the Solar Energy Industries Association. The state ranks seventh nationally for installed solar capacity and continues to advance distributed solar through programs and policies that support community solar and broader renewable energy deployment.<\/p>\n “Standard Solar brings the long-term ownership experience and operational discipline needed to ensure these projects deliver sustained value,” said Rod Viens, Vice President and General Manager, Distribution-Scale Power at EDF power solutions. “We are pleased to continue working with Standard Solar to advance community solar deployment and support New York\u2019s clean energy future.”<\/p>\n Story Continues <\/p>\n Standard Solar has a proven track record of acquiring, owning and operating projects developed by EDF power solutions and its predecessor entities, including the 9.9 MW Bluebonnet project in Texas and the Laswbrook and Knox Solar + Storage projects in Massachusetts. The company also acquired the Lehigh University solar project in Pennsylvania in 2023.<\/p>\n About Standard Solar<\/p>\n Standard Solar is powering the nation\u2019s energy transformation \u2013 channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar and solar + storage to businesses and institutions, farms, governments, communities and utilities. Building on 20 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in developing, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 500 megawatts of solar across the United States. Based in Rockville, Maryland, Standard Solar is a portfolio company of Brookfield, one of the world\u2019s largest owners and operators of renewable power and climate transition assets. Learn more at standardsolar.com<\/a>, LinkedIn<\/a> and on X<\/a>: @StandardSolar.<\/p>\n For project acquisition and development inquiries, contact Megan Byrn, Vice President of Business Development, at megan.byrn@standardsolar.com<\/a> and on LinkedIn<\/a>.<\/p>\n About EDF power solutions North America<\/p>\n Bringing together the businesses of EDF Renewables and EDF Group International Division, EDF power solutions is an international energy player which develops, builds and operates low-carbon energy production facilities as well as flexible power \u200band electricity transmission solutions.<\/p>\n In North America, EDF power solutions has been providing energy solutions throughout the U.S., Canada, and Mexico since 1987 as a market-leading independent power producer and service provider, serving utilities, corporations, industries, communities, institutions, and investors with reliable, low-carbon energy solutions to meet growing demand.<\/p>\n From developing and building scalable wind (onshore and offshore), solar, storage (battery and pumped storage hydropower), smart EV charging, microgrids, green hydrogen, and transmission projects, to maximizing performance and profitability through skilled operations, maintenance and innovative asset optimization, our teams deliver expert solutions along the entire value chain\u2014from origination to commercial operation. Our portfolio consists of 26 gigawatts of developed projects and 17 gigawatts under service contracts.<\/p>\n EDF power solutions is an affiliate of the EDF Group, a world leader in power production. For more information visit: www.edf-re.com<\/a>. Connect with us on LinkedIn<\/a>, Instagram<\/a>, and Facebook<\/a>.<\/p>\n View source version on businesswire.com: https:\/\/www.businesswire.com\/news\/home\/20260527244931\/en\/<\/a><\/p>\n Contacts<\/p>\n Media Contacts:<\/p>\n For Standard Solar:
Leah Wilkinson
Wilkinson + Associates
(703) 907-0010
leah@wilkinson.associates<\/a><\/p>\n