“Almost a year after getting an earlier round of funding, Schenectady-based DSD Renewables, which makes solar farms and community power systems across the Hudson Valley and nationally, received a $250 million investment from Cox Enterprises. The BlackRock investment group owned 100 percent of DSD, but Cox has purchased $250 million worth of equity in … [Read more…]
“DSD Renewables, which has developed solar arrays and other installations throughout the Hudson Valley, has just has raised $155 million in debt financing which should speed the adoption of community solar projects across the state. The asset-backed financing through Credit Suisse Securities has a heavy concentration in community solar projects. In those projects, communities … [Read more…]
“” read the entire article Raudins, Sam. Albany Business Review 14 November 2022.
“New York State reached a milestone this week, becoming the top community solar market in the United States with more than one gigawatt of community solar installed and operational. “Reaching this nation-leading milestone – with more than one gigawatt of community solar installed – is a testament to New York’s aggressive pursuit of clean-energy … [Read more…]
“Distributed Solar Development builds solar projects using the funding, which it pays off by selling the electricity produced to other companies and organizations.” read the entire article Dawes, Justin. Albany Business Review 11 March 2022.
“Less than three years after leaving the mothership, General Electric spinoff DSD Renewables has nearly tripled its workforce as it adds solar electricity to the power grid and to its customers’ facilities. DSD’s headquarters at Mohawk Harbor hosts a small percentage of its nearly 170 employees — many others work remotely or at satellite … [Read more…]