Nautilus completes first community solar portfolio in Maine

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The 7.3 MW community solar farm in Farmingdale, Maine is one of three fully operational projects in Nautilus Solar Energy’s first completed 18.5 MW portfolio.

Nautilus Solar Energy announces the completion of its first community solar portfolio in Maine. The 18.6 MW fully operational portfolio consists of three of his projects located in Kennebec, Knox and Somerset counties. The project will provide a clean energy alternative to an estimated 2,000 homeowners and renters, local businesses and nonprofits within the CMP utility district.

These projects were developed by TurningPoint Energy as part of Maine’s net energy billing program to offer residential customers the benefits of renewable energy, energy efficiency and cost savings. Nautilus is the long-term owner of the project, responsible for overseeing construction, maintaining long-term performance, and acquiring and managing customer subscriptions.

Eric Paul, Nautilus Executive Director of Origination, said: “It is equally rewarding to share this milestone with partners and experienced developers like TurningPoint Energy and celebrate together our second fully operational portfolio.”

As one of the fastest growing segments of Maine’s clean energy industry, community solar offers all the benefits of locally produced, affordable clean energy without the rooftop panels to install or the upfront fees. Offers. Anyone who pays their electricity bill can join a solar power project in their area and become an active participant in the transition to clean energy. This reduces greenhouse gas emissions, builds climate resilience and a stronger power grid.

Announcement from Nautilus Solar Energy

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