US based power producer Nautilus Solar Energy has entered into the Florida solar market with acquisition of two distributed generation projects, as well as the development of a third greenfield utility scale project.
The company is currently constructing the Green Cove 131kW solar PV project at the Regional Airport, and a 352kW solar system on the roof of the Exchange Shopping Center in Gainesville.
Electricity generated from these projects in Gainesville will be sold to Gainesville Regional Utility under a 20-year power purchase agreement.
The Green Cove solar project will be built and operated by Pure Energy Solar International, while the Exchange solar project is being built by Inman Solar.
Construction of both systems is expected to be completed by the end of April 2011.