Standard Solar Acquires 28.8 MW Brownfield Community Solar Portfolio in New Jersey and Illinois from AC Power
Standard Solar has acquired a six-project community solar portfolio totalling 28.8 MW from AC Power, sited on closed landfills and brownfield parcels in New Jersey and Illinois. The portfolio includes 6 MW across two New Jersey sites (Berlin and Freehold) and 22.8 MW across four Illinois sites. Projects are expected to reach completion between 2026 and 2027, supported by Standard Solar's 512 MW safe-harbor panel inventory.
Transaction date: · Source: citybiz.co
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 28.8 MW
- Transaction price
- Not disclosed
- Buyer
- Standard Solar
- Seller
- AC Power
- Country
- United States
- Region
- New Jersey and Illinois
- Location
- Berlin and Freehold (NJ); South Barrington, Hillsboro and Lockport (IL)
- Continent
- North America
- Development status
- Under Development
- PPA
- n.a.
Technology details
Six community solar projects sited on closed landfills and brownfield parcels, using ballasted racking systems to preserve existing site caps and environmental controls. Two projects in New Jersey totalling approximately 6 MW (Berlin and Freehold), expected to generate approximately 7,693 MWh in their first year, scheduled for completion in 2027. Four projects in Illinois totalling approximately 22.8 MW (South Barrington, Hillsboro and two sites in Lockport), expected to generate approximately 33,092 MWh in their first year, with three projects completing in 2026 and one in 2027.
Source
Original announcement: https://www.citybiz.co/article/814032/standard-solar-acquires-28-8-mw-brownfield-solar-portfolio/