Nautilus buys 54 MW community solar projects in New York

Nautilus has announced that it has acquired 54 MW of solar photovoltaic (PV) projects from Seaboard in New York, USA. The portfolio consists of nine community solar projects which are anticipated to be operational by Q4 of 2023.

The acquisition is anticipated to contribute to the expansion of Nautilus' presence as a Community Solar company in the country. Currently, the company develops and operates 200 MW of solar parks.

Once completed, the 54 MW PV facilities would supply sustainable energy to more than 10,000 residential and commercial National Grid customers.