Aspen Power’s cover photo
Aspen Power

Aspen Power

Renewable Energy Power Generation

New York, NY 13,761 followers

Accelerating the development of distributed clean energy for all.

About us

Aspen's highly experienced team of experts across financing, development, construction, and asset management of distributed clean energy assets is the ideal partner for local developers looking to accelerate their development efforts, while maximizing portfolio value. Enormous Aspen groves are the ultimate interconnected organism, a symbol we take pride in. It represents our flexible, transparent, creative and collaborative approach to partnering. We firmly believe in the fundamental value of distributed clean energy to bring about a sustainable, socially responsible, and resilient energy future. Our focus on community solar and other distributed clean energy assets enables us to expand access to these solutions while also accelerating their development.

Website
http://www.aspenpower.com
Industry
Renewable Energy Power Generation
Company size
51-200 employees
Headquarters
New York, NY
Type
Privately Held
Specialties
Community Solar, Storage, Distributed Generation, Development, No-FICO Solar, Asset Management, Multifamily, Renewables, ESG, and EV Charging

Locations

Employees at Aspen Power

Updates

  • October is Energy Awareness Month, a timely opportunity to reflect on the state of our industry. Electricity prices continue to rise faster than inflation, while solar remains the most affordable source of new power. In 2024 alone, the U.S. added nearly 50 GWdc of solar, representing 66% of all new generation capacity. Community and commercial solar not only lower retail energy costs, but also strengthen local economies. In fact, one-third of Americans believe a nearby solar project would directly benefit their community. At Aspen Power, we are proud to advance distributed generation that delivers long-term price stability and reliable, clean energy for communities and businesses alike. 🌿 #AspenPower #DistributedGeneration #Solar #Energy

  • As part of Climate Week NYC, we’re proud to join in promoting solutions for a cleaner energy future. Aspen Power attended Newsweek’s Powering Ahead event today. The conversations span critical topics from rising energy demand and the AI boom to circular economy solutions. It’s an exciting week to connect with leaders who are shaping more reliable, affordable, and sustainable systems.

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  • 🌿It’s Climate Week here in our home city New York, and Aspen Power is proud to highlight the progress we’re making in the Empire Sate. Our projects, ranging from Long Island to Oswego, are helping the state move toward its ambitious goal of 70% renewable energy by 2030. These projects bring more than clean energy. They drive economic development through capital investment and are expected to create over 900 jobs across local communities. #ClimateWeekNYC #Solar #Renewables

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  • This Climate Week NYC, the theme is Power On serves as a reminder that building a clean energy future means turning ideas into action. Aspen Power is proud to power on in the Empire State where our projects are delivering real benefits to communities. From supporting local economies to strengthening the grid, these sites show how solar is driving impact close to home. Here's some of NY projects we’re showcasing this week in honor of Climate Week. #ClimateWeekNYC #PowerOn

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  • Climate Week NYC 2025 is here. This year’s theme, Power On, is about pushing ahead despite challenges. The energy landscape is shifting quickly, and it’s critical to find real solutions that work. At Aspen Power, we’re making that happen. We're building projects that deliver clean, reliable power, from community solar to C&I systems that support businesses nationwide. Every project strengthens resilience and creates lasting value. Let’s power on together.

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  • 🌞 Mark your calendars — September 21 is the first-ever Sun Day, a new national day of action celebrating the power of clean energy. Sun Day will bring together thousands of people across the U.S. to highlight the benefits of solar and renewables: lower energy costs, cleaner air, stronger communities, and a brighter future. More than 90% of new power capacity added in the U.S. last year came from solar, wind, and batteries. The cost of clean energy continues to fall, making it the most affordable and scalable choice to meet growing demand. Learn more about Sun Day and find an event near you here: https://www.sunday.earth/

  • Electricity costs in the US hit record highs this year as utilities invest in aging transmission infrastructure, demand surges from AI data centers, and electrification increases. Experts warn that rising energy prices could become one of the defining issues of our time. Aspen Power CEO Jorge Vargas shared with the Financial Times that higher prices may boost distributed solar as a way to mitigate rising costs. Community solar projects provide a hedge against volatility, giving businesses and the surrounding communities more long-term cost stability. Read more here: https://lnkd.in/ebmu9CaG #AspenPower #DistributedSolar #Energy

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  • Aspen Power reposted this

    View profile for Jorge Vargas

    Chief Executive Officer at Aspen Power

    Today I became a U.S. citizen—a milestone that fills me with pride and deep gratitude. From first arriving in the U.S. as a student, to working on Wall Street and in corporate America, to meeting my amazing wife and raising our wonderful kids, and eventually co-founding Aspen Power and PearlX—this journey has truly been the epitome of the American dream. I am profoundly thankful for the opportunities this country has provided, and for the family, friends, and colleagues who have supported me every step of the way. None of this would have been possible without you. I feel especially fortunate that my path led me into renewable energy—an industry where we work each day to build a cleaner, more sustainable future. To now lead Aspen Power, alongside such a talented and dedicated team, is both humbling and inspiring. With love and appreciation, JEV

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  • National Clean Energy Week kicks off today in D.C. and it's a reminder of how far we’ve come and how much potential lies ahead. Yes, the political hurdles are real. But the momentum is undeniable, and the path to a clean energy future is within reach. At Aspen Power, we see it every day: ☀️ Solar creating jobs ☀️ Driving local investment ☀️ Delivering lasting savings Our team is proud to help communities and businesses turn that are building the clean energy future. #CleanEnergy #GreenEconomy #Solar

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  • View organization page for Aspen Power

    13,761 followers

    💡 Is it time for commercial property owners to rethink how they hold and monetize solar assets? In POWER magazine, Aspen Power’s John Lind explores how market shifts are opening up new opportunities for commercial and industrial (C&I) property owners. From the rise of community solar to the renewed relevance of Power Purchase Agreements (PPAs), he outlines why many building owners are now choosing to sell their existing solar arrays to specialized operators (like Aspen Power), unlocking capital, reducing operational risk, and still delivering clean energy to their tenants. From liquidity gains to long-term performance optimization, the buyback model is reshaping how landlords approach energy management. 📖 Read the full article here: https://lnkd.in/ekVGc6Sj And get in touch if you're evaluating your company's approach to solar. #CommercialSolar #PPAs #CleanEnergy #EnergyManagement #AspenPower #Sustainability

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Funding

Aspen Power 5 total rounds

Last Round

Undisclosed

US$ 66.0M

See more info on crunchbase