Green Lantern Solar has finalized the sale of two fully permitted community solar projects in Maine to Madison Energy Infrastructure, signaling a significant advancement in the region's solar energy infrastructure. The projects, each with a capacity of 975 kilowatts AC, are under construction and expected to be operational by 2024. Located in Mechanic Falls and Windham, these projects are set to generate approximately 1,845,653 kWh and 1,930,780 kWh annually, respectively, contributing significantly to Maine's renewable energy goals.
Scott Buckley, President of Green Lantern Solar, highlighted the company's commitment to developing high-quality solar projects in optimal locations, benefiting communities and businesses across their operational footprint. This sale reflects Green Lantern Solar's dedication to accelerating renewable energy adoption and sustainability efforts in Maine and beyond. With over 15 years of industry experience, the company specializes in local outreach, real estate, engineering, and construction to develop projects that meet high standards for acquisition by long-term owner-operators.
Richard Walsh, CEO at Madison Energy Infrastructure, commended Green Lantern Solar's meticulous site selection and community engagement efforts, aligning with their own values. This partnership exemplifies the collaborative efforts needed to deliver on the promise of clean energy. The transaction between Green Lantern Solar and Madison Energy Infrastructure represents a milestone in advancing a greener energy future, showcasing the renewable energy sector's growing momentum and the critical role of community solar projects in sustainable power transitions.
Community solar projects like these enable residents and businesses to access clean, sustainable power without the need for individual rooftop installations, broadening renewable energy accessibility. Green Lantern Solar's development of over 125 community solar projects and commercial solutions for various sectors underscores their pivotal role in the renewable energy landscape. Their innovative approach to utilizing low-value sites for solar development further emphasizes their commitment to sustainability and innovative land use.
As the renewable energy sector expands, partnerships between developers like Green Lantern Solar and long-term owner-operators such as Madison Energy Infrastructure are becoming increasingly vital. These collaborations are essential for the rapid deployment of clean energy infrastructure across the U.S., marking a collective step forward in combating climate change and reducing fossil fuel dependence. The completion of these Maine projects not only represents a business achievement but also contributes to a more resilient and sustainable power grid for future generations.
