Lightsource BP acquires 135 MW in PJM solar assets
Post date: 09/08/2018 - 21:05
Lightsource BP has announced the acquisition of 6 solar development assets from Orion Renewable Energy Group LLC. The 135 MW portfolio consists of projects in the liquid PJM power pool, and specifically in the rapidly growing energy markets of Pennsylvania and Maryland. Details were not disclosed.
The announcement comes on the heels of Pennsylvania Department of Environmental Protection (DEP’s) recently published draft plan to expand in-state solar resources to 11 GW, with a goal of supplying 10 percent of the state's electric retail sales by 2030.
PJM Interconnection is a regional transmission organization (RTO) that coordinates the movement of wholesale electricity in several states of the US.