Nautilus Solar Energy, a national solar acquisition, development and asset management company, is holding a the ribbon-cutting ceremony for its first of three community solar projects serving Orange and Rockland’s utility service territory. Located in Westtown, New York, the 2.83-MW community solar garden covers 15 acres and will provide energy cost savings to 300 homes.
Using its full-service platform, Nautilus will be responsible for the project management, long-term asset management and maintenance services for the projects. The energy generated by the Westtown solar project will directly benefit qualified residential community solar subscribers. The project reached commercial operation on May 8, 2019. Nautilus’s other solar projects in the towns of Greenville and Chester are scheduled to open by Q3 2019.
“This community solar milestone extends Nautilus’s vision towards extending a sustainable future for those customers that are unable to install large-scale solar facilities directly on [their property],” said Jim Rice, CEO, Nautilus Solar Energy.
This project received over $1 million from the New York State Energy Research and Development Authority (NYSERDA) through NY-Sun, Governor Andrew M. Cuomo’s $1 billion initiative to advance the solar development and move New York State closer to have a sustainable, self-sufficient solar industry.
“We’re particularly excited that this project propels Nautilus’s community solar expansion into New York, our fifth market entry over the last year,” added Jeffrey Cheng, COO, Nautilus Solar.
Since 2011, solar in New York has increased more than 1,700% and leveraged nearly $3.8 billion in private investments. NY-Sun projects help support Governor Cuomo’s Green New Deal, which calls for 70% of the state’s electricity to come from renewable resources by 2030.
“Congratulations to Nautilus Solar on the completion of their community solar project, which is becoming an increasingly popular option for New York residents and businesses that are unable to install solar on their property or rooftop,” said Alicia Barton, president and CEO, NYSERDA. “I commend the residents and businesses in Orange County for taking part in solar projects like this to support locally-produced renewable energy, lower consumer costs, and help reduce emissions in support of Governor Cuomo’s nation-leading clean energy and climate goals.”
News item from Nautilus Solar Energy