Tag: community solar
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Illinois school district to host Nexamp solar farm to save on energy costs
A school district in Central Illinois has signed on to a community solar program in an effort to save on energy costs. Brimfield Community Unit School District (CUSD) No. 309 in Brimfield, Illinois, has chosen the Nexamp community solar program to reduce its annual electric expenses and add more renewable energy to the Ameren utility……
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Case study: Nexamp, Terrasmart design Allis Hill project for National Grid DG interconnection program
Utilities across the country are managing intermittent renewable integration with varying levels of success — and with good reason. Meeting resource adequacy, reliability, and resilience is a complex business that requires flexibility and inventive solutions. National Grid, which serves 20 million customers in New York, Rhode Island, and Massachusetts, is piloting an innovative program to……
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Longroad energy closes financing for Arizona solar + storage project | Solar Financing Spotlight
In this installment of the Solar Financing Spotlight, we look at Longroad Energy’s newest solar + storage project in Arizona, while Sol Systems and Box Power secure financing and Standard Solar acquires a new portfolio. Longroad Energy announced the financial close of Serrano, its 220 MWdc solar and 214 MWac / 855 MWh storage……
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Bradley University taps Nexamp for community solar agreement to save on energy
Peoria, Illinois-based Bradley University has entered into a community solar agreement with Nexamp to drive approximately $115,000 in annual energy cost savings. Under the long-term agreement, Bradley University will be subscribing to four Nexamp community solar farms, located across central Illinois in the Ameren service territory. Together, the four solar farms represent almost 17.5 MW……
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Feds release final rules on direct pay provisions in IRA
The U.S. Department of the Treasury and the Internal Revenue Service have released final rules on the direct pay provisions included in the Inflation Reduction Act (IRA). The tax credits are part of the Biden-Harris administration’s “Investing in America” agenda to help build projects more quickly and affordably. The IRA created two new credit delivery……