Deals Counterparts

Edge Homes and PowerGrid Announce Joint Venture for Microgrid Development

Jv Microgrid announced Washington, D.C., United States May 10, 2025
development
Stage
Fairmount Heights microgrid project
Project

Edge Homes and PowerGrid have formed a joint venture to develop microgrids for new residential communities, aiming to provide reliable and sustainable power.

Source Intelligence

KEY DETAILS

Altona Towns, a development in the city of Pickering, Ontario features six homes with Level 2  electric vehicle chargers and two homes that have their own Tesla Powerwall batteries. The community also shares a nearly 30 -kilowatt rooftop solar system and a  666 -kilowatt-hour lithium-ion battery system. Ameresco’s project at the Spring Valley Campus of Colorado Mountain College in Glenwood Springs, Colorado, is a  5 -megawatt solar array and 15 -megawatt-hour battery.

Location
That’s the goal of the Fairmount Heights microgrid project being undertaken by Emera Technologies, a Maryland-based affordable housing nonprofit, and Pepco, the Exelon utility serving Maryland and Washington, D.C.
PARTIES MENTIONED IN SOURCE
H
Holy Cross Energy developer

"But one of Ameresco’s most recent projects , a  5 -megawatt solar array and 15 -megawatt-hour battery at the Spring Valley Campus of Colorado Mountain College in Glenwood Springs, Colorado, is being carried out in partnership with rural electric cooperative Holy Cross Energy."

P
Pepco developer

"That’s the goal of the Fairmount Heights microgrid project being undertaken by Emera Technologies, a Maryland-based affordable housing nonprofit, and Pepco, the Exelon utility serving Maryland and Washington, D.C."

E
Elexicon developer

"But the community also shares a nearly 30 -kilowatt rooftop solar system owned by the condo corporation managing the individually owned homes, and a  666 -kilowatt-hour lithium-ion battery system that’s owned and controlled by municipal utility Elexicon."

E
Emera Technologies developer

"The 37 -home solar- and battery-equipped subdivision is being developed by Lennar Homes in partnership with Emera Technologies, a business unit of Canadian-based utility holding company Emera, which also owns local distribution utility Tampa Electric."

high quality Enriched Feb 19, 2026

Timeline

Announced
May 10, 2025
Signed
Closed

Market Context

This deal is part of the Microgrid sector in United States.
2
Microgrid deals
565
deals in United States
1 of 2 Microgrid deals tracked this month · Updated daily

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