Nautilus Solar Energy has purchased a 3.5-megawatt community solar project in Cranston, R.I., from ISM Solar Development, a developer of large commercial and utility-scale solar projects.
This solar project is unique as it resides on a closed landfill that is a former EPA superfund site. It effectively utilizes land that was otherwise unusable. This is Nautilus’s second acquisition from ISM Solar in Rhode Island, having previously closed on the acquisition of a 3.3-megawatt solar project in Rhode Island last year.
“Thanks to years of cooperation between many stakeholders — the property owner, responsible parties, regulators, the city of Cranston and ISM Solar — we are proudly able to further transform this permanently closed landfill into a source of local clean energy,” said Greg Lucini, CEO of ISM Solar.
The project is qualified under Rhode Island’s Community Remote Net Metering solar program, which allows Rhode Islander subscribers who want to r