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NJ firm acquires 8 Maine community solar projects, as industry is re-energized - Vimarsana News

NJ firm acquires 8 Maine community solar projects, as industry is re-energized

As Maine’s solar-power industry enjoys a new jolt of investment, eight planned community solar facilities across the state have been sold to a New Jersey company. Nautilus Solar Energy LLC has acquired the projects, totaling 47.2 megawatts in projected capacity, from ISM Solar Development LLC for an undisclosed price, according to a news release Thursday. The solar developments are in Cumberland, Knox, Oxford and York counties, but specific locations were not immediately available. Nautilus expects to break ground on the projects in the third quarter of this year. Nautilus said that when co...

Nautilus Solar and Walden Renewables announce Maine acquisitions - Vimarsana News

Nautilus Solar and Walden Renewables announce Maine acquisitions

Nautilus Solar Energy  and Walden Renewables Development LLC (Walden) announce the acquisition of three distributed generation solar projects in Maine from Walden. The projects are located in the Towns of Wells and Fryeburg, and the City of Sanford were developed by Walden. Nautilus is responsible for managing the projects, overseeing construction, maintaining long-term performance, and acquiring and managing customer subscriptions. /*** Advertisement ***/ Details: Each project is approximately 6.4-MWdc. The three projects combined will offset the electricity demand of over 3,000 households ...