SunVest Solar has acquired and financed over 50 MW of community solar projects in Illinois and Maine. The Illinois projects were obtained through a joint venture, while the Maine projects were developed internally. Construction is underway with completion anticipated by early 2025. To support these developments, SunVest secured an additional $55 million facility, supplementing a prior $85 million facility from August 2023. Notably, the Illinois projects will convert contaminated land into agrivoltaic sites with pollinator-friendly plants, enhancing their environmental impact.
SunVest Solar acquires 50 MW Community solar projects
SunVest’s 50 MW community solar projects in Illinois and Maine expected to be operational by early 2025. (Photo Credit: SunVest)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)
China Energy Engineering Corporation taps Huasun’s high-efficiency HJT solar modules for its 2024 projects. (Image Source: Huasun)
Saatvik Solar will supply GH2 Solar with bifacial PV modules over a 12-month period beginning January 2025. (Image Source: Saatvik Solar)