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About Solar Landscape
Industries
Energy
Company Size
51-200
Company Stage
N/A
Total Funding
$847.9M
Headquarters
Wall Township, New Jersey
Founded
2012
Overview
Solar Landscape focuses on providing community solar projects in New Jersey, allowing residents to access solar energy without needing to install panels on their own properties. The company collaborates with commercial real estate owners, municipalities, and non-profit organizations to install large-scale solar systems on rooftops and other available spaces. This renewable energy is then distributed to the community, helping to lower energy costs and reduce carbon emissions. Unlike many competitors, Solar Landscape's model enables multiple customers to benefit from a single solar installation, making solar energy accessible to renters, homeowners with shaded roofs, and low-to-moderate income households. The company's goal is to transform the energy landscape in New Jersey by making solar power affordable and available to all, while also supporting environmental sustainability.
Simplify's Take
What believers are saying
- Solar Landscape raised a record $847 million in 2024 for solar expansion.
- Partnerships with companies like Walmart highlight corporate interest in renewable energy.
- Expansion into Maryland with 14 projects shows geographic diversification and growth potential.
What critics are saying
- Increased competition in Maryland could impact Solar Landscape's market share.
- Potential grid interconnection delays may hinder new project deployments.
- Labor shortages in the solar industry could lead to increased costs and delays.
What makes Solar Landscape unique
- Solar Landscape focuses on community solar projects, making solar accessible to underserved communities.
- The company partners with commercial real estate owners to utilize large rooftop spaces.
- Solar Landscape's model allows residents to benefit from solar without installing panels themselves.
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Funding
Total Funding
$847.9M
Above
Industry Average
Funded Over
3 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Flexible Work Hours
Paid Vacation
Company News
Solar Landscape, a leading U.S. commercial rooftop solar developer, has energized 14 new community solar projects across Maryland with a total capacity of 6.6 megawatts.The installations are the first in a group of 57 rooftop projects the company is developing in the state. When fully operational, the portfolio will provide 55 megawatts (DC) of solar capacity, enough to power about 5,870 homes, making it the largest group of community solar projects by a single company in Maryland.“Community solar projects like the ones we’ve energized create jobs, reduce energy costs and help Maryland meet its energy needs,” said Solar Landscape CEO and co-founder Shaun Keegan. “Putting large solar installations on commercial rooftops is a smart, shovel-ready energy solution that also pays dividends to building owners.”The newly operational projects are located in Baltimore, Gaithersburg, Bel Air, Bethesda, Burtonsville, Dundalk, Owings Mills, Westminster and Woodlawn. The projects were interconnected by Baltimore Gas & Electric Co. and Pepco.Commercial rooftop solar projects typically require 12 to 24 months for development and construction and do not use agricultural land or open space.As part of its community solar work in Maryland, Solar Landscape partners with STEP-UP, a national workforce development nonprofit
Solar Landscape now employs over 300 people in 17 states and is currently hiring for nearly 40 new positions.
Solar Landscape named a 2025 USA TODAY Top Workplaces winner.
Asbury Park-based Solar Landscape announced Monday that it has secured $847 million in project investment and financing in 2024.This transactional volume — the largest ever in a single year for the company — will enable Solar Landscape to deploy more than 200 commercial rooftop solar installations across the country, enough to power well over 50,000 households.Solar Landscape also announced that in 2024 it signed contracts for 40 million square feet of additional commercial and industrial rooftop space to develop solar projects.Solar Landscape, the nation’s leading commercial and industrial rooftop solar developer, partnered with 10 investors and financing counterparties in 2024 to raise $847 million in proceeds from debt, equity, and tax equity to execute on its ambitious growth agenda.KeyState Renewables committed, through two investment vehicles, to invest $184 million in tax equity toward commercial solar projects developed by Solar Landscape. KeyState Renewables is coordinating several regional banks as tax investors in the tax equity portfolio. Proceeds from the tax equity commitment will finance the operation of 101 solar projects for well over 100 megawatts of capacity, all developed and owned by Solar Landscape. The projects will span more than 8.5 million square feet of commercial and industrial rooftops.Silicon Valley Bank, a division of First Citizens Bank, led a $283 million green loan with social co-benefits for commercial rooftop solar projects. Silicon Valley Bank, KeyBanc Capital Markets and National Bank of Canada were coordinating lead arrangers, which also included an array of institutional investors and participating banks. National Bank of Canada was the green structuring agent on the loan, which supports Solar Landscape’s significant investment into communities through workforce development and equitable access to clean energy.Prologis, the global leader in logistics real estate, announced in September its partnership with Solar Landscape to develop and finance more than 30 million square feet of commercial rooftop solar projects
Solar Landscape secured $847 million in 2024 for solar energy expansion, marking its largest annual funding. The funds will enable solar installations on over 200 commercial rooftops, powering 50,000+ homes. KeyState Renewables contributed $184 million in tax equity, while Silicon Valley Bank led a $283 million green loan. The projects will cover 8.5 million square feet and include 101 solar projects totaling over 100 megawatts.
Solar Landscape is Hiring for 35 Jobs on Simplify!
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About Solar Landscape
Industries
Energy
Company Size
51-200
Company Stage
N/A
Total Funding
$847.9M
Headquarters
Wall Township, New Jersey
Founded
2012
Solar Landscape is Hiring for 35 Jobs on Simplify!
Find jobs on Simplify and start your career today