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.

Commercial rooftop solar developer Solar Landscape secured a record-breaking $847 million in 2024 to fund its largest-ever portfolio of commercial rooftop solar projects.