TurningPoint Energy and Madison Energy Partner on 20 MW Solar Portfolio in Illinois
Slice of Energy Team
12/09/2024
Key Highlights:
- TurningPoint Energy (TPE) developed a 20 MW community solar portfolio in Will County, Illinois, aligned with the state’s renewable energy targets.
- Madison Energy Infrastructure (MEI) will own, construct, and manage the portfolio, ensuring access to clean energy for 1,000 residential customers and corporate clients.
- The portfolio comprises four projects generating over 30 GWh of clean energy annually.
- TPE and MEI have committed $100,000 in charitable donations to Will County organizations, including Angels on Assignment and Peotone Future Farmers of America.
- Supports Illinois' plan to achieve 40% renewable energy by 2030 and 100% by 2050.
Source: Business Wire
Quotes
“ “This portfolio represents another steppingstone in TPE’s commitment to support Illinois’s clean energy targets through community solar.” ”
Salar Naini, President at TurningPoint Energy
Our Take:
This partnership between TurningPoint Energy and Madison Energy Infrastructure exemplifies a high-impact collaboration that delivers both clean energy solutions and substantial community benefits. By aligning with Illinois' ambitious renewable energy goals, the project demonstrates the potential for public-private partnerships to accelerate clean energy deployment while supporting local economies.
