Aspen Power logo — Accelerating the development of distributed clean energy for...

Aspen Power

Accelerating the development of distributed clean energy for all.

Founded 2020 United States New York, United States 99 employees Total: $1.19B Energy, Renewable Energy +1

General Information

Company Name Aspen Power
Founded Year 2020
Location United States New York, United States
Employees 99
Industries Energy, Renewable Energy, Clean Energy
Business Model B2B, B2B2C, D2C
Revenue Model Project Based, Service Fee, Leasing/Rental
Social

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About Aspen Power

Aspen Power is a dynamic player in the renewable energy sector, founded in 2020 and based in the United States. Their slogan, "Accelerating the development of distributed clean energy for all," encapsulates their mission to make clean energy accessible and sustainable.

With a robust team of experts spanning financing, development, construction, and asset management, Aspen Power partners effectively with local developers to enhance the development and value of distributed clean energy assets. Their focus is predominately on community solar projects, which aligns with their commitment to expanding access to renewable solutions.

The company's philosophy draws inspiration from the interconnected nature of the aspen grove, reflecting their flexible and collaborative approach to partnerships. Recently, Aspen Power secured a significant $241 million Debt Financing investment on January 16, 2024 from prominent financial entities, including Mitsubishi Financial Group, JP Morgan, and Lombard Odier, underscoring investor confidence in their vision and strategic direction.

Business keywords: Distributed Clean Energy, Community Solar, Decarbonization, Energy Asset Management, Renewable Energy Development, Energy Storage, Distributed Generation, No-FICO Solar Financing, Multifamily Energy Solutions, ESG (Environmental, Social, and Governance), EV Charging Infrastructure, Financing and Investment in Clean Energy, Solar Construction, Energy Portfolio Maximization, Sustainable Energy Solutions

Services & Products

Project Financing
Solar Development
O&M and Project Optimization
Community Solar Solutions
Battery Storage Integration
EV Charging Installation
AI-Powered Solar Optimization

Target Customers

Landowners Commercial & Industrial Property Owners Solar Developers Businesses Seeking Renewable Solutions Public Sector Entities Businesses with Variable Energy Needs

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $200.00M 1
Deutsche Bank
01 Jan 2026
Debt Financing Undisclosed 1
Monarch Ventures
01 Sep 2025
Debt Financing $192.00M 3
The Carlyle Group, Bank of Montreal +1
01 Feb 2025
Debt Financing $241.00M 3
JPMorgan, Lombard Odier Investment Managers +1
01 Jan 2024
Debt Financing $90.00M 2
JPMorgan, First Citizens Bank
01 Jul 2023
Growth Equity Non VC $350.00M 1
The Carlyle Group
01 Nov 2022
Early VC $120.00M 2
Energy Impact Partners, Ultra Capital
01 Feb 2022

Aspen Power Alternatives & Competitors

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Aspen Power vs
Skysun
Skysun Belgium

Financing the energy independance of EU companies🌞⚡

41 employees
Energy, Finance
Aspen Power vs
Primo Energy, Inc.
Primo Energy, Inc. United States

On a mission to change the way the world uses energy. Harvesting nature's power to benefit communit...

Seed
3 employees
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Aspen Power vs
WATTMORE
WATTMORE United States

WATTMORE is committed to a 100% renewable energy future with game changing AI-driven battery storage...

Series A
13 employees
Energy, Renewable Energy

FAQ About Aspen Power

Accelerating the development of distributed clean energy for all.
Aspen Power was founded in 2020.
Aspen Power is headquartered in New York, United States.
Aspen Power operates in Energy, Renewable Energy and Clean Energy. Its work centres on Distributed Clean Energy, Community Solar, Decarbonization and Energy Asset Management. Its customers include Landowners, Commercial & Industrial Property Owners and Solar Developers.
Aspen Power has a B2B, B2B2C and D2C business model. Its revenue comes from Project Based, Service Fee and Leasing/Rental.
Aspen Power has approximately 99 employees.
Aspen Power has completed 7 funding rounds, raising a total of $1.19B.
Aspen Power offers: Project Financing, Solar Development, O&M and Project Optimization, Community Solar Solutions, Battery Storage Integration, EV Charging Installation, AI-Powered Solar Optimization.
Top alternatives and competitors to Aspen Power include Skysun, Primo Energy, Inc., WATTMORE, Swell Energy, Ore Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Aspen Power and Skysun are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Aspen Power, https://bouncewatch.com/company/aspen-power, updated 19 March 2026. When citing, please name BounceWatch and link this page.

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