– RIC Energy sold seven PV plants in upstate New York to Radial Power
– The plants have a combined capacity of 34 MW and are expected to provide clean energy to over 8000 homes
– RIC Energy has sold a total of 13 PV plants in New York with a total capacity of 70 MW to various companies and has become the second largest developer in the upstate area
Global renewable energy developer RIC Energy has sold seven photovoltaic (PV) plants in upstate New York to Radial Power, a distributed energy platform focused on decarbonization. The plants, totaling 34 MW, will supply clean energy to over 8000 homes in community solar programs. The investment for these projects is over $85 million. RIC Energy has recently sold a total of 13 PV plants in New York, making them the second-largest developer in the upstate area with over 600 MW of capacity. CEO Jonathan Rappe is pleased to make a positive impact in local communities. Global CEO José Luis Moya sees this transaction as part of the company’s commitment to geographic diversity and innovation in the US market.
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