Dynamic Energy sells Massachusetts solar-plus-storage projects to Canada’s Amp Energy

LinkedIn
Twitter
Reddit
Facebook
Email
Massachusetts State House. Source: Daderot, Creative Commons

Dynamic Energy Solutions revealed last week that it has sold two ground-mounted solar-plus-storage projects in Massachusetts projects to Canadian renewables investor Amp Energy.

The former will continue to manage engineering, procurement and construction (EPC) of the plants, which will comprise 11.2MWdc of solar energy backed by 10.2MWh of storage.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The transaction was closed in December 2019, according to a Dynamic Energy Solutions release.

“We are pleased with the results of our work in Massachusetts and applaud the DOER (Massachusetts Department of Energy Resources) and other policymakers for their efforts in creating a strong market for solar development that ultimately benefits citizens as well as the environment,” said Brett Thibodeau, president of Dynamic Energy Solutions.

The project duo was developed under the Solar Massachusetts Renewable Target (SMART) programme, launched by policymakers in 2018 to drive the adoption of 1.6GW of solar-plus-storage across the state.

More than 1GW worth of projects were approved in the incentive programme's first year, according to the SEIA.

It is not the first time Amp Energy has put its confidence in Massachusetts’ bourgeoning solar-plus-storage market. In a press release about the transaction, the firm said its newly-acquired assets have increased its existing portfolio of SMART solar-plus-storage assets to 27MWdc/35MWh.

Meanwhile, Pennsylvania-based Dynamic Energy claims to have successfully developed more than 50 MWdc of SMART programme solar projects, having been awarded about 40% of the initiative’s National Grid utility territory capacity in 2018.

Read Next

May 21, 2025
Installed battery storage capacity in California, US has grown from 771MW in 2019 to more than 15,500MW as of 31 January, 2025.
Premium
May 21, 2025
ESN Premium speaks with Dr. Yinghuang Ji, head of structuring at MN8 Energy, on current challenges and opportunities for growth in the energy storage market.
Premium
May 20, 2025
ESN Premium speaks with Chloe Hicks of EnergyCo about New South Wales’ Renewable Energy Zones (REZ) and its hopes for energy storage.
May 19, 2025
Engie North America has partnered with CBRE Investment Management (CBRE IM) on a 2.4GW battery energy storage system (BESS) portfolio in Texas and California, US.
May 19, 2025
Elements Green has received grid connection approval from Powerlink Queensland and the AEMO for a 1.3GWh solar-plus-BESS site in Queensland.

Most Popular

Email Newsletter