Nautilus Solar Energy, through Nautilus US Power Holdco, acquires a 75.6 MW portfolio across 16 community solar projects in Illinois. Operational by 2025-2027, this move enhances Nautilus’s Midwest presence, aligning with Illinois’ clean energy goals. As the long-term owner, Nautilus ensures construction oversight, performance maintenance, and manages customer subscriptions. The projects benefit Ameren and ComEd customers, promoting renewable energy and contributing to Illinois’ clean energy targets, providing clean energy for around 10,000 homes and businesses.
Nautilus Solar expands Midwest presence with 75.6 MW acquisition
Projects in the portfolio qualify for Illinois’ community solar program, aiding the state’s aim for 40% renewable energy by 2030 and 50% by 2040. Image Credit Nautilus Solar Energy.
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
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)