Tag: community solar
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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……
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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……
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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……
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Clearway completes 452 MW solar complex in Texas
Clearway Energy Group has completed the 452 MW Texas Solar Nova complex in Kent County, Texas. The project, completed in two phases, will generate enough electricity to power over 190,000 homes each year. The $660 million investment in West Texas will contribute significantly to the local tax base, starting with an estimated $5.4 million in……
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Cumulative U.S. community solar installed capacity on track to break 14 GWdc by 2028
U.S. cumulative community solar installations are forecasted to break 14 GWdc in existing state markets by 2028. According to the latest report released by Wood Mackenzie and the Coalition for Community Solar Access (CCSA), annual installation volumes landed around 1 GWdc for the third consecutive year in 2023, and 8% average annual growth is expected……