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TurningPoint Energy and Madison Energy Partner on 20 MW Solar Portfolio in Illinois
Slice of Energy Team
December 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
Notable Quotes:
“This portfolio represents another steppingstone in TPE’s commitment to support Illinois’s clean energy targets through community solar.”
“By combining TurningPoint’s development expertise with our operational and financial capabilities, we’re not just deploying clean energy at scale, but also strengthening the local economy through sustained community investment.”
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.