Nautilus Solar Energy cuts ribbon on portfolio of solar projects in Minnesota

By ROI-NJ Staff
Summit | Jun 26, 2018 at 12:09 pm

Summit-based Nautilus Solar Energy LLC, a solar acquisition, development and asset management company, announced it has cut the ribbon on a portfolio of solar projects in Minnesota.

The 13.3MW of projects are part of Xcel Energy’s Solar Rewards Community Program and are subscribed by regional customers including five municipalities, two research/medical facilities and a local university.

“This community solar milestone extends Nautilus’s vision toward extending a sustainable future for those customers that aren’t able to have large scale solar facilities directly on-premise,” said Jim Rice, CEO of Nautilus Solar Energy.

Two community-based solar gardens, located in Rice and Le Sueur counties, reached commercial operation during the first quarter of this year. The gardens were acquired by Nautilus from Renesola Ltd. last year.

“We’re very pleased that our teams completed the acquisition and construction of these projects in a timely manner and are especially appreciative of the hard work that our local permitting, engineering, and installation partners provided to ensure the overall success of these developments,” said Jeffrey Cheng, chief operating officer of Nautilus Solar Energy.

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