UGE
UGE develops, owns, and operates solar and battery storage projects across the USA, offering various stakeholders ways to engage with renewable energy while contributing to significant CO2 reductions.
Company Overview
UGE develops, owns, and operates community and commercial solar and battery storage projects across the United States. The company offers a range of solutions for building owners, landowners, and institutions to engage in sustainable energy initiatives through hosting solar projects. By leveraging solar and battery storage technologies, UGE provides tangible benefits such as reduced electricity bills and decreased CO2 emissions.
Services Offered
UGE provides a comprehensive suite of services that enable stakeholders to participate in solar energy projects. Building owners can host community solar projects on their property, earning long-term lease payments and benefiting from state-specific incentives. Landowners have the opportunity to generate stable income by hosting solar installations on their land. Additionally, institutions can meet their sustainability goals and monetize unused space by partnering with UGE to deploy solar projects with no investment or financial risk.
Community Solar Benefits
UGE's community solar projects allow subscribers to reduce their electricity bills without needing to install panels at their homes or businesses. These projects support renewable energy adoption by making it accessible to a broader range of participants. Subscribers can enjoy the financial savings and environmental benefits of solar energy while contributing to the reduction of carbon emissions.
Environmental Impact
UGE has completed over 700 projects that cumulatively achieve more than 500 megawatts of capacity. Through these initiatives, UGE annually prevents 645,000 tons of CO2 emissions from entering the atmosphere. This significant environmental impact underscores the company’s commitment to creating a sustainable future through renewable energy solutions.
Green Bond Market Participation
UGE has been a pioneer in the green bond market since 2018. The company has successfully closed eight rounds of green bond financing, supporting its mission to expand renewable energy projects. This financial strategy not only fuels UGE's growth but also promotes the broader adoption of sustainable investment practices in the renewable energy sector.