Tag: community solar

  • 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……

  • 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……

  • 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……

  • USDA provides $2.3 billion to support renewable energy in rural communities

    The U.S. Department of Agriculture granted $2.3 billion in funding for reliable energy infrastructure and renewable energy projects to rural communities across the country, driving economic development in rural areas and helping lower energy costs for rural Americans.  A majority of the funding will support 39 projects to improve electric infrastructure in 21 states through the Electric……

  • 1P Tracker Case Study: Nexamp, Terrasmart solve windy Illinois community solar site

    Located in Lostant, Illinois, in LaSalle County, Solitude II is a 3-MW community solar project brought to life by Nexamp, a solar developer that works with communities, businesses, and municipalities to democratize clean energy via community solar. For Nexamp, determining the best-fit racking solution for Solitude II started with understanding the dirt. The site has……