Green Lantern Solar has finalized the sale of two community solar projects in Maine to Madison Energy Infrastructure, marking a significant step in the expansion of solar energy in the northeastern United States. The projects, with a combined capacity of 1,950 kilowatts AC, are set to become operational by 2024, contributing significantly to Maine's renewable energy targets.
The Mechanic Falls and Roosevelt Trail projects are expected to generate approximately 3,776,433 kilowatt hours annually, powering local communities with clean energy. Scott Buckley, President of Green Lantern Solar, highlighted the company's commitment to developing high-quality solar projects in strategic locations, benefiting both communities and businesses.
This transaction not only underscores Green Lantern Solar's dedication to renewable energy but also reflects the broader industry trend towards sustainable power sources. Richard Walsh, CEO of Madison Energy Infrastructure, commended Green Lantern Solar's meticulous project development approach, emphasizing the alignment of values between the two companies.
Community solar projects like these are pivotal in making renewable energy accessible to a wider audience, eliminating the need for individual rooftop installations. Green Lantern Solar's innovative use of low-value sites for solar development further demonstrates their leadership in the renewable energy sector.
The collaboration between Green Lantern Solar and Madison Energy Infrastructure is a testament to the growing momentum in renewable energy partnerships. Such collaborations are essential for accelerating the transition to a greener energy future, combating climate change, and reducing dependence on fossil fuels.
For more information on community solar projects and their impact, visit https://www.greenlanternsolar.com and https://www.madisonenergyinfrastructure.com.
