Standard Solar has acquired an 84 MW community solar portfolio in Illinois, comprising 14 projects, contributing significantly to the state’s 100% clean energy goal by 2050. The community solar gardens will have six sites with a capacity of approximately 47 MW, four sites totaling 12 MW, and four sites representing 25 MW, with construction starting in 2024 and completion expected in 2025. Purchased from New Leaf Energy, the partnership emphasizes expanding clean energy access and providing job opportunities and benefiting lower to moderate-income customers through credits on monthly bills.
Illinois communities to benefit from Standard Solar’s 84 MW portfolio
Standard Solar expands Illinois’ renewable energy landscape with an 84 MW community solar portfolio, aiding the state’s 100% clean energy goal by 2050. (Image Credit: Standard Solar).
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)