The US renewable energy market is currently a multibillion-dollar sector. Greenwood Energy has been operating in the sector since 2010 and has developed 36 solar energy projects across eight US states in excess of 100 MW. Meanwhile, Orix USA has been investing in the US solar industry since 2015, with a focus on the commercial, industrial and small utility-scale sub-sector.
A global focus on clean power, where many US developers lead the field, has given rise to new solutions with improved technology offering greater efficiencies year upon year.
“This commitment by Orix USA represents a strong endorsement of Greenwood Energy and its commercial strategy for solar energy in the US” said Greenwood Energy Managing Director Jon Cole. “The US energy market offers exceptional growth potential at an unprecedented moment for clean technologies. We look forward to capitalising on this opportunity and working closely with Orix USA as our business develops.”
Josh Herlands, head of infrastructure and renewable energy at Orix USA, added that the corporation has a long history of investing in a broad array of infrastructure assets globally, including renewable energy generation, and that these investments are synergistic with the company’s US solar investment strategy.
Image: Kenneth P. Ksionek Community Solar Farm at the Stanton Energy Center (Greenwood Energy)
For additional information:
