A Radnor renewable energy pioneer is selling its solar energy development business, Community Energy Solar LLC, to AES Corp., which has been accelerating its clean-energy efforts in response to the climate crisis, writes Andrew Maykuth for The Philadelphia Inquirer.

AES is an international energy company based in Arlington, Va.

Community Energy has developed about 3 gigawatts of large-scale solar energy projects nationwide. It generates about 5% of the nation’s utility-scale solar capacity.  It has 10 GW of solar projects in development.

The Clean Energy unit for AES operates solar, wind, and battery storage systems. The acquisition of Community Energy raises its renewable energy projects by about a third, to 40 GW.

Community Energy Solar and its 60 employees will stay in Radnor.

There is an expected tenfold increase in demand for solar energy from public officials trying to meet ambitious zero-carbon emission targets and from large customers meeting clean energy commitments.

“If you look at what the Biden administration is calling for, in terms of de-carbonization of the U.S. electric grid, it’s effectively 10 times of solar over the next decade,” said Brent Beerley, chief executive of Community Energy.

Read more at The Philadelphia Inquirer about Radnor firm Community Energy Inc.