Standard Solar
Brookfield-owned Standard Solar develops, funds, owns, and operates U.S. commercial and community solar PV and storage projects across 20+ states, serving education, C&I, healthcare, government, utility, and subscription customers via long-term PPAs and developer partnerships.
- Company typePrivate
- Founded2004
- HeadquartersRockville, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Standard Solar does
Standard Solar is a Rockville, Maryland-based commercial and community solar developer founded in 2004 and acquired by Brookfield in September 2022. The company develops, funds, owns, and operates distributed solar PV and battery energy storage projects across more than 20 U.S. states and the District of Columbia, with a portfolio exceeding 500 MW owned, operated, or under construction and a cumulative generation milestone of over one billion kilowatt-hours. Its integrated offering spans development and EPC consulting, in-house project funding (anchored by Brookfield capital and stated $500M+ project financing capability), long-term asset ownership and operation, community solar subscription programs, SREC trading, and asset management/O&M services delivered through wholly-owned subsidiary Vigilant Energy Management (launched 2013). Underlying technology is conventional solar PV with single-axis tracking plus battery energy storage at selected sites; the company maintains a 512 MW safe-harbor panel inventory to mitigate supply-chain risk and accelerate acquisition execution.
Customers are diversified across education (school districts and universities such as Catholic University of America, Colorado State University, Lehigh University, Richmond Public Schools, Long Beach Unified), commercial and industrial (Port Newark Container Terminal, Messer Americas, Walmart, AT&T, Microsoft, Kaiser Permanente, Albertsons, L.L. Bean via SREC purchases and direct PPAs), healthcare (Maine General Medical Center, Maryland Healthcare System via the Costen Solar Farm PPA), government, utilities, and residential/SMB community solar subscribers. Acquisition and co-development counterparties include EDF Power Solutions, Pluma Construction, Pivot Energy, New Leaf Energy, Trina Solar, AC Power, MHG Solar, ECA Solar, US Light Energy, OneEnergy Renewables, and Calvert Energy, with subscriber acquisition handled through Solstice Power Technologies, Common Energy, Catalyst Power, and Neighborhood Sun.
Revenue is generated primarily through recurring PPA-based electricity sales over 20-25 year contract lifetimes, transaction-based revenue from SREC trading to utilities and corporate ESG buyers, professional-service fees from development and EPC consulting, and project acquisitions that shift assets onto Standard Solar's balance sheet for long-term operation. Distribution combines direct enterprise sales to institutional buyers, community solar subscription sign-ups via partner channels, and a developer/EPC partner network that supplies project pipelines through co-development or sale to Standard Solar.
Standard Solar firmographics
Firmographics- Name
- Standard Solar
- Legal name
- Standard Solar, Inc.
- Website
- https://standardsolar.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Brookfield-owned Standard Solar develops, funds, owns, and operates U.S. commercial and community solar PV and storage projects across 20+ states, serving education, C&I, healthcare, government, utility, and subscription customers via long-term PPAs and developer partnerships.
- Ownership category
- akta.pro rank
Standard Solar industry classification
Industry- Product category
- Commercial and Community Solar Development
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)
Keywords
Where Standard Solar is headquartered
LocationHeadquarters
- HQ city
- Rockville
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Standard Solar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Long-term Asset Ownership and Operation: Standard Solar owns and operates solar projects long-term, generating revenue through PPA contracts with customers (utilities, businesses, institutions, communities) who purchase electricity at negotiated rates. Revenue is recurring over 20-25 year project lifecycles.
- SREC Trading: Trading of Solar Renewable Energy Certificates earned from owned solar assets. SRECs are sold to utilities requiring solar renewable energy procurement, providing additional revenue stream to project owners.
- Development & EPC Consulting: Project development consulting and EPC (Engineering, Procurement, Construction) services for partners including EPCs, developers, landowners, utilities, and public sector entities.
- Project Acquisitions: Acquiring completed or near-completion solar projects from developers, providing liquidity and exit opportunities for development partners while expanding Standard Solar's asset portfolio.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Community Solar Subscription - Residential |
| Other | Multi-year contract | Power Purchase Agreement (PPA) |
| Transaction based/ take rate | Pay-as-you-go | SREC Purchase |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Standard Solar product offering
Product offeringCore offering
Standard Solar develops, funds, owns, and operates commercial and community solar and solar + storage projects across more than 20 U.S. states and the District of Columbia, with a portfolio exceeding 500 MW. Its integrated offering covers solar project development and EPC consulting, long-term asset ownership and operation under Power Purchase Agreements, in-house project financing and acquisitions, community solar subscription programs, SREC trading for environmental attribute monetization, and lifecycle asset management and O&M through its Vigilant Energy Management subsidiary.
Product overview
Standard Solar is a nationally recognized commercial and community solar company offering an integrated suite of services spanning solar project development, funding, long-term asset ownership and operation, and asset management/O&M. The company's core offering consists of Development & EPC Consulting, Long-Term Asset Owner-Operator services, Funding & Acquisitions, Community Solar programs, SREC Trading, and Asset Management & O&M through its subsidiary Vigilant Energy Management. With over 500 MW owned, operated and under construction across more than 20 states and the District of Columbia, Standard Solar (a Brookfield company) focuses on reducing complexities through collaborative development, in-house funding, engineering expertise, and O&M practices that conform to the highest industry standards.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Project Development & EPC Consulting Collaborative development, engineering expertise and EPC (Engineering, Procurement, Construction) consulting services that accelerate solar project development from concept through construction for partners, EPCs, developers, landowners, utilities, and public-sector entities.
- Long-Term Asset Owner-Operator Standard Solar acquires, funds, owns and operates commercial and community solar projects over their full 20–25 year lifecycle, providing ongoing asset management and operational expertise to deliver long-term financial and environmental benefits for customers.
- Funding & Acquisitions In-house project funding and acquisition services that deploy more than $500 million of project financing and tax equity investment capital, enabling solar developers to access capital and exit completed projects to Standard Solar as the long-term owner-operator.
- Asset Management and O&M (Vigilant Energy Management) Comprehensive lifecycle asset management and operations & maintenance (O&M) services for community, commercial and utility-scale solar PV and battery energy storage systems, delivered by Vigilant Energy Management, Standard Solar's wholly-owned subsidiary and premier community/commercial/utility-scale solar energy management company.
- SREC Trading Trading and management of Solar Renewable Energy Certificates (SRECs) from Standard Solar's owned and operated solar asset pool across multiple states and markets, enabling utilities and enterprises such as Walmart, Microsoft, Kaiser Permanente, AT&T, Albertsons Companies, Goodwill Industries, and the University of Minnesota to meet ESG/sustainability and RPS compliance requirements.
- Community Solar Community solar subscription program that enables residential and commercial subscribers (including renters, owners of unsuitable properties, and LMI households) to access solar energy benefits without installing rooftop panels, providing guaranteed ~10% monthly electricity bill savings through utility bill credits.
Quantifiable outcome
- Projects generate hundreds of megawatts of renewable power, cutting carbon emissions
- +4 more outcomes
Companies that use Standard Solar
Customer profileNamed customers24 records
Segments7 records
Ideal customer profiles6 records
Standard Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Standard Solar partnerships and signals
Strategic signalPartnerships
29 partnerships are on record, tiered core and minor.
- Vigilant Energy ManagementcoreVigilant Energy Management is Standard Solar's subsidiary providing comprehensive O&M and asset management services for solar and battery assets nationwide. Operates as the premier community, commercial and utility-scale solar energy management company.
- EDF Power Solutions / EDF RenewablescoreOngoing relationship where EDF sells projects to Standard Solar. Multiple transactions including Texas (Bluebonnet 9.9 MW), New York (Water Chestnut 3.9 MW, Hanoverian 4 MW), and other state projects. EDF Power Solutions is part of French utility group EDF.
- Pluma ConstructioncoreDeveloper of the 48.4 MW New Mexico community solar portfolio (8 projects). Standard Solar acquired the portfolio. Seven of eight projects completed, with final project expected end of 2026.
- ForeFront PowercoreProvided development support for the 48.4 MW New Mexico community solar portfolio developed by Pluma Construction.
- Solstice Power TechnologiescoreResponsible for subscriber acquisition for the New Mexico community solar projects, bringing residential and commercial subscribers to the eight-project portfolio.
- AC PowercoreWoman-owned solar development company that sold a six-project community solar portfolio (28.8 MW) to Standard Solar. Projects in New Jersey and Illinois sited on closed landfills and brownfields.
- Calvert EnergycoreSold 6.3 MW Plaines II West Community Solar Garden in Channahon, Illinois to Standard Solar. Project expected to generate approximately 9,944 MWh in first year.
- SolarPark EnergycoreDeveloper of the 7.1 MW York Community Solar Farm in New York. Standard Solar funded construction and serves as long-term owner-operator. Project developed in partnership with Catalyst Power.
- Catalyst PowercoreManages subscriber acquisition and customer service for the York Community Solar Farm project in New York.
- ECA SolarcorePartnered with Standard Solar on the 5.7 MW Bethel, Maine community solar garden, one of the first community solar projects in the state. Standard Solar acquired and operates the project.
- Pivot EnergycoreCo-developed 11-13 community solar sites totaling 10.3 MW along the I-70 corridor in Colorado with Standard Solar. Pivot Energy developed and constructed, Standard Solar funded and operates.
- SunCentralcorePivot Energy's proprietary community solar customer management interface used for customer enrollment and subscriptions in the Colorado community solar portfolio.
- New Leaf EnergycoreLongtime partner that sold a 12 MW (3-project) community solar portfolio in Virginia to Standard Solar. Includes 7 MW exclusively for LMI customers in Kilmarnock.
- MHG SolarcoreLocal Vermont developer that sold a 6-project, 18 MW community solar portfolio to Standard Solar. Projects across Vermont under the state's Standard Offer Program.
- US Light EnergycoreDeveloper of the Sugar Hill Solar Farm (7 MW) in Clifton Park, NY. Standard Solar owns and operates the community solar farm.
- Common EnergycoreCustomer acquisition partner for US Light Energy projects, including Sugar Hill Solar Farm, helping subscribers sign up for community solar savings.
- Trina SolarcoreDeveloper that sold West Main 1 and West Main 2 community solar projects (6.2 MW combined) in Portsmouth, RI to Standard Solar.
- Ogos Energy LLCminorPartner on the 2.8 MW Shepherds Mill community solar project in Carroll County, MD.
- Earth and Air TechnologiesminorPartner on the 2.8 MW Shepherds Mill community solar project in Carroll County, MD.
- Neighborhood SuncoreSubscriber acquisition partner for Shepherds Mill and Flintstone community solar projects in Maryland. CEO Gary Skulnik cited as partner.
- OneEnergy RenewablescoreDeveloper of the Chippewa Sun solar project in Wisconsin (5 MW) and Chippewa Sun Solar Array (additional). Standard Solar serves as long-term owner and operator.
- Hunt ElectriccoreBuilder of the Chippewa Sun solar project in Wisconsin, working with developer OneEnergy Renewables and Standard Solar.
- Gordian Energy SystemscoreConstruction contractor that completed the 13.7 MW Costen Solar Farm in Maryland, owned and operated by Standard Solar.
- Lamb Energy IncminorDeveloper of the Lake Elsinore Unified School District solar portfolio in California.
- Stronghold Engineering InccoreAward-winning design and construction firm that performed installation for the 7 MW Lake Elsinore solar portfolio.
- Secure FuturescoreDeveloped the Augusta County Public Schools solar project in Virginia in collaboration with Standard Solar, Dominion Energy, and ACPS. Also provided solar energy curriculum.
- EMCOR Services Mesa Energy SystemscorePartnered with Standard Solar to develop the Long Beach Unified School District 19-site solar canopy system.
- RER GroupcorePartner on multiple projects including Goodwill Industries of the Valleys rooftop array and other commercial solar installations.
- VEPP InccoreStandard Offer Facilitator for Vermont's Standard Offer Program. Power purchase agreements for the 18 MW MHG Solar portfolio are through VEPP.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Standard Solar competitors and assessment
Company assessmentDirect peers
- Nautilus Solar Energy: Nautilus is a developer and long-term owner-operator of community solar projects across the U.S., competing head-to-head for project acquisitions, subscriber bases, and state-level programme awards.
- Pivot Energy: Pivot Energy is a national community solar developer and long-term owner-operator that co-developed a 10.3 MW Colorado community solar portfolio with Standard Solar. Directly comparable in business model (development → funding → long-term ownership) and customer segment.
- Sol Systems: Sol Systems is a clean energy developer and asset manager that develops, finances, owns, and operates distributed and utility-scale solar, alongside SREC/REC aggregation — closely mirroring Standard Solar's integrated developer-funder-owner-operator model.
- ECA Solar: ECA Solar develops community solar gardens and partnered with Standard Solar on the 5.7 MW Bethel, Maine project. Operates in the same state-programme and developer-funder niche as Standard Solar.
- US Light Energy: US Light Energy is a community solar developer that sold the 7-MW Sugar Hill Solar Farm to Standard Solar and competes in the same NY/community-solar award programmes.
- Dimension Energy: Dimension Energy is a developer, owner, and operator of community and utility-scale solar projects, with a development-to-ownership business model that competes directly with Standard Solar for both project pipeline and state incentive awards.
- New Leaf Energy: New Leaf Energy is a community and utility-scale solar developer that sold a 12 MW Virginia portfolio (including an LMI-focused 7 MW in Kilmarnock) to Standard Solar, with a directly overlapping development-to-acquisition pipeline model.
Broad incumbents
- Clearway Energy: Clearway Energy owns and operates one of the largest portfolios of community and commercial-scale solar in the U.S., competing for the same institutional and subscriber off-takers as Standard Solar.
Emerging players
- EDF Renewables (EDF Power Solutions): EDF Power Solutions is a large utility-scale and community solar developer and a current repeat seller to Standard Solar (Texas Bluebonnet, NY Water Chestnut/Hanoverian). Comparable business model but with deeper U.S. utility-scale orientation.
- Pivot Energy / Calvert Energy / EDF Renewables (grouped as comparable counterparties): Calvert Energy is a regional community solar developer that sold the 6.3 MW Plaines II West project to Standard Solar; a smaller, regional counterpart with similar developer-to-acquirer thesis but limited scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Standard Solar social profiles
Digital presenceStandard Solar compliance and trust
Trust signalCompliance1 record
Standard Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Standard Solar leadership team
Management profileNumber of profiles
Profiles6 records
Standard Solar subsidiaries and ownership
Company hierarchySubsidiaries1 record
Standard Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Standard Solar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Standard Solar
What does Standard Solar do?
Standard Solar develops, funds, owns, and operates commercial and community solar and solar + storage projects across more than 20 U.S. states and the District of Columbia, with a portfolio exceeding 500 MW. Its integrated offering covers solar project development and EPC consulting, long-term asset ownership and operation under Power Purchase Agreements, in-house project financing and acquisitions, community solar subscription programs, SREC trading for environmental attribute monetization, and lifecycle asset management and O&M through its Vigilant Energy Management subsidiary.
Is Standard Solar a public or private company?
Standard Solar is a private company. It is classified as corporate owned and is currently operating.
When was Standard Solar founded?
Standard Solar was founded in 2004. It employs 101 to 250 people.
Where is Standard Solar based?
Standard Solar is headquartered in Rockville, United States, in the North America region.
How does Standard Solar make money?
Four revenue lines are on record. Long-term Asset Ownership and Operation is the primary driver. The others are SREC Trading, development & EPC Consulting and project Acquisitions.
Who are Standard Solar's main competitors?
Direct peers on record are Nautilus Solar Energy, Pivot Energy, Sol Systems, ECA Solar, US Light Energy, Dimension Energy and New Leaf Energy. Clearway Energy is listed as a broad incumbent. Emerging players are EDF Renewables (EDF Power Solutions) and Pivot Energy / Calvert Energy / EDF Renewables (grouped as comparable counterparties).
Does Standard Solar have an API?
No public API is recorded for Standard Solar.
What industry is Standard Solar in?
Standard Solar's product category is Commercial and Community Solar Development. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4911.