Workflow
Summit Ridge Energy Announces Solar Energy Agreement with Digital Realty to Power Data Centers in Illinois
Digital Realty TrustDigital Realty Trust(US:DLR) GlobeNewswire News Room·2025-05-22 13:33

Core Insights - Summit Ridge Energy has partnered with Digital Realty to purchase 5.1 megawatts (MW) of solar energy, supporting Digital Realty's sustainability goals and energy cost savings [1] - The solar projects will enhance grid resilience in Illinois and create hundreds of construction and manufacturing jobs [2] - Digital Realty's commitment to renewable energy is part of a broader trend in the technology sector, driven by increasing energy demands [4] Company Overview - Summit Ridge Energy is the leading commercial solar company in the U.S., with over 2 gigawatts (GW) of solar power operating and in development [5] - The company has raised over $5 billion in project capital since its launch in 2017, financing more than 200 solar farms [6] - Digital Realty operates a global data center platform with over 300 facilities across 25 countries, providing a range of data center and interconnection solutions [7] Project Details - The solar energy purchase includes renewable energy credits from three Summit Ridge-owned solar projects in Illinois, expected to be operational by late 2025 to early 2026 [1] - The partnership aims to integrate more renewable energy into Digital Realty's operations while contributing to a more resilient power grid [4] - Summit Ridge's solar projects are part of a larger initiative to enhance grid stability, including voltage support and frequency regulation [4]