Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

Nautilus Solar Energy Acquires 60MW Fully Solar Portfolio

Urja Daily by Urja Daily
June 30, 2021
in News, Solar
Reading Time: 2 mins read
0
Nautilus Solar
Share on FacebookShare on TwitterShare on Linkedin

SUMMIT, N.J. – Nautilus Solar Energy, LLC (“Nautilus”), a foremost owner-operator of solar projects throughout the United States, announced the acquisition of twenty-one, fully-operational solar projects in New York and Maryland totaling almost ~60 MWdc of solar capacity. This transaction is one of the largest acquisitions of an operating community solar portfolio to date. Sixteen projects in New York and five in Maryland currently provide community solar power to 9,500 households and two school districts through a Power Purchase Agreement (PPA). Nautilus’s Asset Management division will be responsible for the project management, long-term asset management, and maintenance for the life of the projects.

“This operating portfolio acquisition is a true milestone transaction for Nautilus and is a cornerstone to our core strategy of acquiring, developing, financing, owning, and managing solar assets throughout the US, with a focus on community solar markets,” said Jeffrey Cheng, President of Nautilus. “We are grateful to our parent company, Power Sustainable, for supporting our initiatives to achieve ever greater scale in the North American marketplace and providing the competitive capital to help accelerate our growth. We look forward to continuing to further our M&A efforts by acquiring additional portfolios over the next 12-18 months,” added Nick Addivinola, Executive Director, M&A of Nautilus.

RELATED POSTS

Solar and Wind Outpace Coal and Nuclear in Power Generation

Jakson Engineers to Invest ₹8,000+ Crore in 6 GW Integrated Solar Manufacturing Facility in Madhya Pradesh

This announcement closely follows Nautilus’s acquisition of seven fully operational solar projects in Massachusetts totaling 5.2 MWdc of solar capacity in Q2 2021. The projects, located in Barnstable, Duxbury, Hadley, Mashpee, Mattacheese, Westminster, and Wixon, are under the Massachusetts Solar Renewable Energy Certificate (SREC) I program.

Tags: EnergyMarylandNautilusNEW YORKsolarsolar capacityUnited States
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Solar and Wind

Solar and Wind Outpace Coal and Nuclear in Power Generation

by Palak
August 28, 2025
0

Washington DC – A review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA)...

Jakson Engineers

Jakson Engineers to Invest ₹8,000+ Crore in 6 GW Integrated Solar Manufacturing Facility in Madhya Pradesh

by Palak
August 26, 2025
0

New Delhi : Jakson Engineers Limited is investing over ₹8,000 crore to establish a 6 GW Integrated Solar Module, Cell &...

ACME Emerges

ACME Emerges Winner Again in SECI’s Green Ammonia Auction

by Palak
August 26, 2025
0

ACME Cleantech Solutions Private Limited (ACME) has emerged as the winner of Solar Energy Corporation of India’s (SECI) green ammonia...

Jupiter

Jupiter International to set up solar manufacturing facility in Maharashtra

by Palak
August 26, 2025
0

Jupiter International Limited has inked a MoU with the Maharashtra government to establish a vertically integrated solar manufacturing facility at...

Crompton

Crompton Launches Solarium Blaze with Advanced Hard Water Protection

by Palak
August 25, 2025
0

Mumbai, Maharashtra, India - With appliances becoming an extension of lifestyle, true innovation today lies in designs that not only...

Next Post
Waaree Logo

WAAREE Has Supplied 1.8MW Solar Modules To Sunmaster

The E- Scooter Market is Expected to Grow at a CAGR of 29.4%

The E- Scooter Market is Expected to Grow at a CAGR of 29.4%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Hisense

Hisense Launches UX ULED RGB-MiniLED TV Series in India

August 28, 2025
VinFast

VinFast Rides on India’s Urban Growth for Expansion

August 28, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Hisense Launches UX ULED RGB-MiniLED TV Series in India

VinFast Rides on India’s Urban Growth for Expansion

Technological Innovations Driving the Future of Absorption Chillers

Solar and Wind Outpace Coal and Nuclear in Power Generation

Key Challenges Hindering Growth of the Waterjet Cutting Machines Market

Jakson Engineers to Invest ₹8,000+ Crore in 6 GW Integrated Solar Manufacturing Facility in Madhya Pradesh

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved