SolMicroGrid wants to buys near-complete solar and microgrid projects for cash exits
Through its new Energy-as-a-Service Partner Program, SolMicroGrid will purchase near-complete solar and microgrid projects, giving developers fast exits while providing host customers with long-term, no-capex energy service agreements.
If you’re a project developer staring down a nearly finished solar or microgrid build and wishing you could turn it into cash sooner, SolMicroGrid wants to be your new best friend. The national microgrid company has rolled out an “Energy-as-a-Service (EaaS) Partner Program” that will purchase projects at or near completion — solar-only or full microgrids — from developers, EPCs, or OEMs.
Sellers get an upfront payout, while SolMicroGrid takes ownership and signs the host site onto a long-term EaaS agreement. That means the customer pays for energy as a service (no capex, no asset management headaches), and SolMicroGrid handles everything from monitoring and maintenance to performance responsibility.
“We’re reshaping how solar, storage, and microgrid projects, near or at commercial operation, are monetized,” said Kirk Edelman, CEO of SolMicroGrid. “This model creates value for all stakeholders: project originators receive a clean, fast exit and upfront payment; host customers get predictable energy savings without ownership complexity, and SolMicroGrid assumes long-term operations, maintenance, and performance responsibility.”
The company says it has the capital to buy across a wide range of systems, from a 500 kW grocery store array to multi-megawatt setups that combine solar, storage, gensets, EV infrastructure, and more.
This program adds another wrinkle to SolMicroGrid’s broader Energy-as-a-Service strategy, following its “Array to Microgrids” service launched earlier this year. That offering allowed businesses with existing solar to sell their assets for cash while gaining a managed microgrid in return.
For developers and builders, the value prop here is speed. Instead of holding on to assets or waiting for traditional financing and sales structures, they can offload projects and recycle capital. For customers, it’s predictable, service-based energy savings without the ownership baggage. And for SolMicroGrid, it’s a way to scale EaaS as electricity prices rise and grid resilience pressures mount.
