As Maine’s solar-power industry enjoys a new jolt of investment, eight planned community solar facilities across the state have been sold to a New Jersey company.
Nautilus Solar Energy LLC has acquired the projects, totaling 47.2 megawatts in projected capacity, from ISM Solar Development LLC for an undisclosed price, according to a news release Thursday.
The solar developments are in Cumberland, Knox, Oxford and York counties, but specific locations were not immediately available.
Nautilus expects to break ground on the projects in the third quarter of this year. Nautilus said that when completed, the solar arrays will be able to power almost 10,000 households within the territory of Central Maine Power Co., the state’s largest electric utility.
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SMITHFIELD – Developers of a proposed eight-megawatt solar array at 175 Tarkiln Road returned to the Planning Board last Thursday with an updated plan that calls for less tree clearing and a new entrance and relocated solar panels further from sight.
Attorney Timothy Kane, representing ISM Solar Development, said the project known as Log Road Solar received master plan approval in 2019. The company brought design changes back to the Planning Board for approval last week.
“We thought it was a good plan when you approved it unanimously in May 2019. We think it’s a better plan now,” Kane said.
The board approved of the changes to the master plan and said it would recommend approval by the building official.