Also on the rise: Highway-side solar in three California counties can power 270,000 homes. Summit Ridge Energy to develop six rooftop community solar projects in Maryland. And more.
The company has also expanded a partnership with climate solutions investor HASI to build and operate a 250 MW community solar portfolio.
Nautilus is no stranger to community solar in Maryland, having been an early participant in the community solar pilot program. The company owns and manages nearly 90 MW of operational and late-stage development projects in the state.
At the ACORE Finance Forum, investors said a key challenge that statewide community solar programs do not yet address is how to unlock the opportunity of hundreds of thousands of building rooftops for solar development and bringing access to residents who rent their apartment.
Also on the rise: Puerto Rico cannot afford to repay any of utility PREPA’s debt, says analyst. 50 states of solar incentives–Arizona. And more.
Subscribers in the portfolio include municipalities, healthcare, food service, and retail companies, as well as 8,000 low-to-moderate income (LMI) households.
High Impact Solar is planning on submitting applications for more than 65 projects for the anticipated Q3 2023 low-and-moderate income (LMI) communities adder, even though the developer has yet to see the application, founder John B. Wood said.
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