Nautilus Solar Energy and TPE ink pact for community solar projects

Nautilus Solar

Nautilus Solar Energy and TurningPoint Energy (TPE) announce a partnership working on four community solar projects in Maine totaling 25.5 MWdc of solar capacity.

The projects, located in Somerset, Kennebec, Androscoggin, and Knox Counties, were in late stages of development, and construction began in Q2 2021. The community solar projects will provide a clean energy option to 5,750 households in Maine within the Central Maine Power (CMP) electric utility territory.

These projects are developed by TurningPoint Energy as part of Maine’s Net Energy Billing program, which was amended in June 2019 by Governor Mills to provide renewable energy benefits, energy efficiency, and reduced costs for its residential customers.

The projects are expected to generate approximately 25 million kWhs annually, contributing to Maine’s goals of providing economic growth, workforce opportunities, and 80 percent clean energy by 2030 and 100 percent by 2050.

This is the second transaction between Nautilus Solar and TurningPoint Energy demonstrating the strong partnership between the two organizations.

“These projects symbolize Nautilus’s commitment to making clean energy simple and accessible to all Mainers,” said Nautilus Solar co-CEO Jim Rice.