UGE introduced that it has reached business operation (COD) on six new photo voltaic initiatives totaling 16 MW. The initiatives embody UGE’s first two neighborhood photo voltaic initiatives in Maryland; its first neighborhood photo voltaic mission in Oregon, a second municipal PPA mission in Texas; and two neighborhood photo voltaic initiatives in Maine. With the completion of those six initiatives, UGE’s working portfolio now stands at 24 MW, with initiatives working throughout six states.
The Maryland, Oregon, and Maine initiatives will all be part of their respective states’ neighborhood photo voltaic applications, bringing cheaper, cleaner electrical energy to households and companies that aren’t capable of set up photo voltaic on their very own rooftops. The Texas mission will convey inexpensive renewable power to the agricultural municipality the place it’s sited.
Among the many initiatives are UGE’s first mission to qualify for the Energy Community Tax Credit put into place by way of the Inflation Discount Act. The credit score incentivizes renewable power builders like UGE to web site initiatives on contaminated land or in communities traditionally depending on the nonrenewable power financial system. UGE’s two Maryland initiatives qualify for the power neighborhood credit score beneath the coal facility closure class, which was designed to advertise financial revitalization in areas affected by the closure of coal mines and coal-fired energy crops.
The Oregon mission is UGE’s largest to achieve business operation since transitioning to an impartial energy purchaser (IPP) mannequin. The Texas mission is UGE’s second within the city of Smithville, and UGE’s first to obtain a grant from the Rural Vitality for America Program (REAP). The 2 new Maine initiatives, each positioned within the Bangor space, convey UGE’s whole working portfolio within the state to 7.5 MW throughout 4 initiatives. One of many two Maine initiatives is constructed atop a former concrete fabrication and storage web site.
“Efficiently attaining business operation for six initiatives in a single month is an enormous achievement, and I’m deeply pleased with our crew for the weeks, months and years of labor that went into getting right here,” stated Nick Blitterswyk, CEO of UGE. “Our working portfolio grew roughly five-fold in 2024, displaying what our crew is able to now that we’ve transitioned to a mannequin whereby we develop, personal, and function our initiatives, and I’m excited for all we are going to accomplish within the coming years on our mission to make renewable power accessible and inexpensive for all.”
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