ClearGen Partners with Davis Hill for $150M Solar Projects Across the U.S.

ClearGen and Davis Hill Development: A $150 Million Partnership for Sustainable Energy

In a significant move toward enhancing solar energy initiatives, ClearGen Holdings LLC has announced a substantial multi-year partnership with Davis Hill Development (DHD), a subsidiary of Skyview Ventures. This collaboration, valued at $150 million, is strategically aimed at advancing community and commercial solar projects across multiple regions in the United States.

The Vision Behind the Partnership

The alliance comes at a crucial time, reflecting a growing demand for distributed solar energy solutions. As businesses and communities strive for reduced energy costs and improved sustainability, this partnership seeks to deliver economic and environmental benefits. ClearGen’s financial backing, combined with DHD's extensive experience in managing complex market dynamics, lays a strong foundation for effective project execution.

Matt Coleman, CEO of DHD, expressed confidence in this partnership, highlighting their commitment to delivering exceptional energy solutions. “This partnership gives us the committed capital to confidently execute our growing pipeline,” Coleman noted. ClearGen’s CEO, Rob Howard, emphasized the company’s mission to empower innovative energy developers, stating, “We have been extremely impressed by DHD for their experience, commitment, and success.”

Economic and Environmental Benefits

The partnership will primarily focus on financing DHD's distributed solar pipeline, set to exceed 245 MW, across core Northeast and Mid-Atlantic markets. The initial project under this agreement—a notable 292 kW rooftop solar array located on a warehouse in Washington, D.C.,—is expected to become operational by year-end. This solar installation will contribute to substantial environmental benefits, estimated to prevent over 213,000 pounds of CO₂ emissions annually, equating to the energy offset of powering 20 homes a year.

Moreover, these projects are not only pivotal in mitigating environmental impacts but also serve to generate additional revenue streams for property owners by capturing value that was previously untapped.

Committed to Clean Energy Adoption

This partnership marks a significant step in advancing ClearGen’s efforts in clean energy investments and reflects a broader commitment to decarbonization and energy access. It shows how financial solutions and innovative frameworks can open doors for solar energy in underserved areas, thus emphasizing the importance of inclusive energy policies.

Davis Hill Development has established itself as a formidable force in the clean energy sector with over 180 solar operating assets across 15 states since its inception in 2013. The firm not only focuses on delivering clean and affordable energy solutions but also works towards making energy more equitable for low-to-moderate income communities through its community solar initiatives.

Joining Forces for a Sustainable Future

With exciting projects poised to emerge from this partnership, both companies are keen on leveraging their strengths to pave the way for a sustainable future in clean energy. This collaboration is just the beginning as they work collectively to accelerate the adoption of solar power nationwide while delivering tangible financial returns and fostering environmental responsibility.

For individuals and businesses interested in sustainability, ClearGen and Davis Hill's partnership presents an unprecedented opportunity for involvement in meaningful energy solutions aimed at shaping a more sustainable tomorrow.

About ClearGen

ClearGen, recognized for its flexible financing options in the clean energy realm, emphasizes renewable energy generation and sustainability. Its investment strategy aligns with the promotion of innovative clean energy technologies aimed at enhancing resilience and effectiveness in energy production.

About Davis Hill Development

Davis Hill Development, under the aegis of Skyview Ventures, specializes in diverse clean energy solutions, focusing on commercial and community solar projects that aim to provide long-term economic benefits while supporting sustainability goals.

For more information on their initiatives or to explore potential partnerships, you can visit Davis Hill Development and ClearGen.