Syncarpha is actively seeking portfolio growth opportunities through strategic partnerships and additional equity deployment. Our focus lies on the community solar markets in the Mid-Atlantic and Northeast regions with a DG project size between 1-20 MW.
of equity deployed in portfolio growth
acquired, developed, and/or financed across 68 projects
under management across eleven states
capacity in development pipeline across 100+ projects
Partner With Us
At Syncarpha, we understand the intricate landscape of solar investments. We have successfully structured partnerships to deploy sponsor equity, tax equity, and debt, ensuring a balanced and strategic approach to financing our projects.
We’ve recently implemented a new structure to monetize tax credits, enabling the Company to take advantage of the emerging ITC transfer market created by the Inflation Reduction Act. With a keen eye on growth, we are actively seeking partnerships with developers in key markets to deploy additional equity.
Development Case Study
Syncarpha was an early mover in the Massachusetts SMART program and recently completed four notable solar plus storage projects located at adjacent sites in Northbridge, MA
▪ MA SMART is the third solar incentive program in Massachusetts; site selection was critical as many substations and distribution lines were full from SREC I and II projects
▪ Syncarpha targeted open substations using proprietary tools developed from publicly available data regarding substation and distribution line capacity
▪ Syncarpha’s team identified four large parcels in Northbridge, MA adjacent to two open substations and two open feeders
▪ Obtained a regulatory exemption from the MA DOER to enable two adjacent sites to use two different substations
▪ Successfully petitioned the town to change its bylaws to enable large scale solar in a new overlay district
▪ Successfully negotiated PILOTS to provide guaranteed tax revenue to the town
▪ Cleared title defects dating back to the early 1800s using title forensics and bespoke title endorsements
▪ Built 28 MW of solar + storage under the MA SMART program
▪ The Northbridge and Puddon projects encapsulate Syncarpha’s integrated, experienced, and resourceful capabilities in developing state-of-the-art solar plus storage facilities
