Deals Counterparts

Standard Solar acquires 28.8 MW community solar portfolio from AC Power

Acquisition Solar announced Berlin, Freehold, South Barrington, Hillsboro, Lockport, United States Mar 9, 2026
28.8 MW
Capacity
development
Stage

Standard Solar, Inc. acquired a six-project 28.8 MW community solar portfolio in New Jersey and Illinois from AC Power. This acquisition leverages Standard Solar's 512 MW safe-harbored module inventory, reducing schedule and pricing risks for the projects, which are in various stages of development from pre-construction to operational. The portfolio includes two projects in New Jersey totaling approximately 6 MW and four projects in Illinois totaling approximately 22.8 MW, with expected completion dates in 2026 and 2027.

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Deal Analysis

Standard Solar acquired a 28.8 MW community solar portfolio from AC Power, adding six projects across New Jersey and Illinois. A critical element of this deal involves Standard Solar deploying modules from its 512 MW safe-harbored inventory, directly addressing potential schedule and pricing volatility. This approach provides a clear advantage for the portfolio, which spans projects from pre-construction to operational, with completion targets set for 2026 and 2027. It shows a proactive strategy to secure project timelines and costs in a dynamic supply chain environment.
  • 28.8 MW community solar portfolio acquired
  • Six projects across New Jersey (~6 MW) and Illinois (~22.8 MW)
  • Standard Solar leveraging 512 MW safe-harbored module inventory
  • Projects range from pre-construction to operational, completing 2026-2027

Source Intelligence

KEY DETAILS

Standard Solar procured a 512 MW safe-harbored FEOC-compliant solar module inventory last August. AC Power is a woman-owned solar development company that specializes in putting clean energy on previously disturbed land. The acquired projects are on previously disturbed properties, including closed landfills and brownfield parcels. AC Power has sold 80 MW of developed projects since its founding in 2016 and maintains an active pipeline of more than 200 MW across the Northeast and Midwest. Standard Solar intends to serve as the long-term owner and operator of the six-project portfolio, adding to its more than 500 MW of solar across the United States.

Capacity
recently acquired a six-project 28.8 MW community solar portfolio in New Jersey and Illinois from AC Power
Location
recently acquired a six-project 28.8 MW community solar portfolio in New Jersey and Illinois from AC Power... two community solar projects in New Jersey totaling approximately 6 MW, located in Berlin and Freehold... four projects totaling approximately 22.8 MW, located in South Barrington, Hillsboro and two sites in Lockport.
Announcement
March 9, 2026
COD
The New Jersey projects are expected to generate approximately 7.6 GWh in their first year and are scheduled to reach completion in 2027. The acquisition in Illinois includes four projects totaling approximately 22.8 MW, located in South Barrington, Hillsboro and two sites in Lockport. The Illinois projects are expected to generate approximately 33 GWh in their first year, with three projects scheduled for completion in 2026 and the remaining project scheduled for completion in 2027.
PARTIES MENTIONED IN SOURCE
S
Standard Solar, Inc. buyer

"Standard Solar, Inc., a developer, owner and operator of commercial and community solar assets, recently acquired a six-project 28.8 MW community solar portfolio in New Jersey and Illinois from AC Power"

A
AC Power seller

"recently acquired a six-project 28.8 MW community solar portfolio in New Jersey and Illinois from AC Power"

high quality Enriched Mar 9, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

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