The renewable energy market continues to report record growth. Global wind capacity is on track to hit 800 GW by 2021, and the emerging energy storage market is expected to reach 125 GW of capacity in the next decade. The U.S. solar industry is on track to add 15 GW of Photovoltaic (PV) capacity annually between now and 2023. This historic growth has catapulted a sector once categorized as “alternative” into a critical role amongst our mainstream energy portfolio.

Clean energy investment platform operator CleanCapital has acquired a 10.2-MW solar portfolio from New York-based developer G&S Solar, it was announced on Thursday.

The newly purchased portfolio includes two projects in Massachusetts, with “high-quality customers”, including a corporate entity and municipality, as the offtakers. By adding those projects, CleanCapital now has nearly USD 150 million (EUR 128.5m) of acquired operating solar assets, it said.