星期五, 7月 30, 2021
Home PV Project Borrego begins construction on 6.7-MW community solar array in Maine

Borrego begins construction on 6.7-MW community solar array in Maine

Source:CleanCapital

CleanCapital and Borrego are working together to install a 6.7-MW community solar project in Maine. The project, which is expected to reach commercial operation in 2022, will benefit from the state’s Net Energy Billing kWh Program and sell power to residential customers.

“We are excited to be partnering for the first time with Borrego to make renewable energy more accessible to homeowners in Maine,” said Julia Bell, Head of Projects at CleanCapital. “This latest investment — our fourth since announcing a $300 million commitment from Manulife in April — demonstrates CleanCapital’s commitment to advancing the rapid transition of the energy grid.”

“Borrego is partnering with CleanCapital to accelerate the adoption of renewable energy. Together we’re providing homeowners in Maine the opportunity to create a clean energy future by buying their power from a community solar project,” said Brendan Neagle, executive vice president of project finance at Borrego. “We’re eager to build our relationship with CleanCapital through this project and plan to continue our partnership into the future.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Punjab Commission Allows Deviations in Competitive Bidding Process for Solar Projects

The Punjab State Electricity Regulatory Commission (PSERC) has allowed deviations in the guidelines for tariff-based competitive bidding process for grid-connected solar photovoltaic (PV) projects...

Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

In its latest report, Fraunhofer Institute for Solar Energy Systems (ISE) has stated that manufacturers in Asia accounted for 92% (over 130 GW) of...

First Solar to Set Up a 3.3 GW Thin Film Solar Module Manufacturing Facility in India

First Solar, a U.S.-based manufacturer of solar modules, announced that it would invest $684 million to set up a new, vertically integrated photovoltaic (PV)...

ACME Solar Raises $334 Million in Offshore Green Bonds for 12 Solar Projects

Independent power producer ACME Solar (ACME) has raised around $334 million for 12 of its solar projects through the issuance of offshore green bonds....