Tag: projects
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Nexamp secures $400 million to fund community solar in six states
Nexamp has acquired more than $400 million in tax equity and debt commitments to support the creation of 49 solar and battery storage projects in six states, spanning the Northeast, Mid-Atlantic and Midwest. Led by U.S. Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG), this latest round of financing will enable Nexamp to develop……
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Florida nonprofit group installs solar to reduce energy costs for homeless veterans
St. Augustine, Florida-based construction nonprofit St. Johns Housing Partnership plans to harness solar energy to help power its main office and three of six apartment units for homeless veterans. Completed in early May 2023 in partnership with Everybody Solar, the installation includes two components: A solar array at the office and another at the veterans’……
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Global solar investment to outpace upstream oil in 2023 at $380 billion
Global investment in solar power generation is expected to reach $1 billion per day, according to a new report by the International Energy Agency (IEA), which shows clean energy funding outpacing fossil fuels in 2023. “Clean energy is moving fast, faster than many people realize. This is clear in the investment trends, where clean technologies……
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Reclaimed Kentucky coal mine sees sun shining on new solar PPA with Toyota
The sun will power more of Toyota Motor North America Inc.’s operations thanks to a new power purchase agreement with Savion. The car manufacturer announced that it has agreed to offtake 100 MW of the electricity generated at Savion’s solar project in Martin County, Kentucky, through a virtual power purchase agreement (VPPA). The project is converting……
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It’s a major award: GEMS landfill PV solar plant in N.J. named 2023 Project of the Year winner
A landfill solar project developed by Syncarpha Capital and Pacolet Milliken LLC in New Jersey has earned top marks for civil engineering. Every year the American Society of Civil Engineers (ASCE) New Jersey Section recognizes and celebrates outstanding individuals and projects that have made significant contributions to the civil engineering industry in the state of New……