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)
The Crux platform facilitated SolarEdge’s first sale of §45X tax credits, generated by U.S. inverter production in 2024. (Image Credit?Source: PublicDomainPictures/Pixabay )
With advanced cybersecurity and a 15-year warranty, Enphase’s IQ8 Microinverters are set to offer long-lasting value in Romania. (Image Source: Enphase Energy)
CEC’s IEC certifications ensure Hanersun modules withstand tough Australian environmental conditions. (Image Source: Hanersun)
Solar Simplified’s subscription management expertise aims to reduce high churn rates for LastMile Energy’s PV projects in Massachusetts. (Image Source: Solar Simplified)