UGE announced that its six new solar projects have entered commercial operation (COD), totaling 16 megawatts. These projects include UGE's first two community solar projects in Maryland, its first community solar project in Oregon, its second municipal PPA project in Texas, and two community solar projects in Maine. With the completion of these six projects, UGE's operational portfolio has now reached 24 megawatts, with projects spanning across six states.

Projects in Maryland, Oregon, and Maine will all join their respective states' community solar energy programs, providing cheaper and cleaner electricity to households and businesses that cannot install solar energy on their rooftops. The project in Texas will bring affordable renewable energy to rural cities where it is located.

These projects include UGE's first project that meets the conditions for energy community tax credits under the Inflation Reduction Act. This credit condition encourages renewable energy developers like UGE to build projects on polluted land or in communities that have historically relied on non renewable energy economies. UGE's two Maryland projects meet the energy community credit criteria under the coal facility closure category, which aims to promote economic revitalization in areas affected by coal mine and coal-fired power plant closures.

The Oregon project is the largest commercial operation of UGE since transitioning to the Independent Power Purchase (IPP) model. The Texas project is UGE's second project in Smithville and UGE's first project to receive funding from the Rural Energy Program (REAP) in the United States. Two new projects in Maine are located in the Bangor region, bringing UGE's total operating portfolio of four projects in the state to 7.5 megawatts. One of the two projects in Maine is built on a former concrete manufacturing and storage site.

UGE CEO Nick Blitterswyk said, "Successfully achieving commercial operations for six projects within a month is a huge achievement, and I am deeply proud of the weeks, months, and years of effort our team has put into it." "Our operational portfolio has grown about fivefold in 2024, indicating that our team now has the capability to transition to a model of developing, owning, and operating projects. I am excited about all the achievements we will make in the coming years, and our mission is to make renewable energy accessible and affordable for everyone