Nautilus Solar Energy, a nationwide owner-operator of distributed and community solar projects, announced the acquisition of a 3.5-MW community solar project in Cranston, Rhode Island from\u00a0ISM Solar Development, a developer of large commercial and utility-scale solar projects.<\/p>\n\n\n\n

The acquired solar project resides on a closed landfill that is a former EPA Superfund site, effectively utilizing land that was otherwise unusable. This is Nautilus\u2019s second acquisition from ISM Solar in Rhode Island, the first a 3.3-MW solar project.<\/p>\n\n\n\n

\u201cThanks to years of cooperation between many stakeholders \u2013 the property owner, responsible parties, regulators, the City of Cranston, and ISM Solar \u2014 we are proudly able to further transform this permanently closed landfill into a source of local clean energy,\u201d said Greg Lucini, CEO of ISM Solar.<\/p>\n\n\n\n

The project is qualified under Rhode Island\u2019s Community Remote Net Metering solar program, which allows state subscribers to purchase solar power at a discount to the standard electric service rate without installing panels on their rooftop. The solar system is expected to serve approximately 700 customer households that reside in National Grid\u2019s territory.<\/p>\n\n\n\n

Construction is targeted for completion in Q3 2020. Nautilus, as the owner-operator, will be responsible for the construction, customer acquisition, management and the long-term operations and management of this project.<\/p>\n\n\n\n

\u201cWe are pleased to further extend our presence in the Rhode Island marketplace and offer the benefits provided by such a unique community solar project to a wider audience of local constituents,\u201d said Jeffrey Cheng, president of Nautilus Solar.<\/p>\n\n\n\n

Nautilus has more than 30 MW of community solar projects operational or under construction in the state. It expects to serve more than 5,000 residential customers by 2021, supporting Rhode Island Governor Raimondo\u2019s renewable energy goal to provide 100% of the state\u2019s electricity needs by 2030.<\/p>\n\n\n\n

From: https:\/\/www.solarpowerworldonline.com\/2020\/02\/nautilus-solar-acquires-superfund-community-solar-project\/<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Nautilus Solar Energy, a nationwide owner-operator of distributed and community solar projects, announced the acquisition of a 3.5-MW community solar project in Cranston, Rhode Island from\u00a0ISM Solar Development, a developer of large commercial and utility-scale solar projects. The acquired solar project resides on a closed landfill that is a former EPA Superfund site, effectively utilizing…
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