Tag: projects
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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……
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U.S. clean energy installations set a new record in 2023
Clean energy installations in the United States set a new record in 2023. The American Clean Power Association (ACP) released its Clean Power Annual Market Report today, highlighting a landmark year for U.S. clean energy with the addition of 33.8 GW of new utility-scale clean energy projects, surpassing by 12.5% the previous annual installation record set in……
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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……