WASHINGTON, DC, September 10, 2025: NT Solar is proud to announce the closing of a 1.36 MW community solar project in Eastport, Maine, in partnership with Prometheus Power Group. The project is expected to generate approximately 1.78 million kWh annually, providing clean and affordable energy to local residents and businesses. NT Solar arranged a tax equity investment in the $3.3 million in Solar Investment Tax Credits (ITC) generated by the development of the solar site. This marks NT Solar’s ninth collaboration with PeoplesBank, a long-time NT Solar partner, bringing their total investment to over $21 million.
“This investment with Prometheus Power Group reflects NT Solar’s commitment to expanding access to clean energy for people across the country,” said Karin Berry, Managing Director of NT Solar. “We’re especially proud to support a project bringing renewable energy at a discount to Maine’s rural residents.”
The Eastport project will serve a mix of residential and commercial subscribers through Maine’s Community Solar program, offering a 15% fixed discount on all allocated bill credits. The project also qualifies for the 10% Domestic Content adder under the Inflation Reduction Act, supporting U.S.-based manufacturing by utilizing domestically manufactured panels. The energy generated by this project will make a meaningful impact for Maine’s rural residents and small businesses.
The 1.36 MW installations will generate an estimated 1.77 million kilowatt-hours (kWh) annually, which:
- Creates enough electricity to fully power 135 homes each year
- Offsets CO2 emissions generated from burning nearly 860,000 pounds of coal annually
- Sequesters the same amount of carbon from the atmosphere as over 784 acres of forest
- Offsets the CO2 emissions generated from consuming 87,000 gallons of gasoline annually
“NT Solar’s financing expertise was instrumental in structuring this project,” said Rohit Garg, Managing Member of Prometheus Power Group. “Their support ensured we could deliver long-term value to the Eastport community while making clean energy more accessible to Maine residents.”
This partnership with Prometheus Power Group underscores NT Solar’s continued mission to expand access to clean and affordable renewable energy in rural Maine. NT Solar remains committed to supporting underserved areas by advancing equitable and impactful energy investments across the country.
About NT Solar
NT Solar, a division of the National Trust Community Investment Corporation (NTCIC), provides tax credit equity for renewable energy projects that deliver measurable community benefits. NT Solar specializes in community solar, energy storage, and projects that serve low-income households or are located in historically underserved areas. Visit www.nt.solar to learn more.
About Prometheus Power Group
Prometheus Power Group develops and operates community solar projects across the U.S., with a focus on the Northeast, Mid-Atlantic, Midwest, and Mountain West. The team has developed or is actively developing over 350 MW of solar capacity and operates through its venture, Nugenics Solar LLC Visit www.prometheuspowergroup.com to learn more.