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Day: March 11, 2024

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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Solar profits drying up

  Trouble for sea freight and other logistical issues made their mark on solar stock prices at the beginning of 2024. The Invesco Solar ETF fell by 21% for January 2024, while the S&P 500 increased by 2% and the DJIA increased by 1%. Within the United States, the top three solar stocks for the …

Solar profits drying up Read More »

Primergy secures $588 million for 408 MW solar project in Texas

Microsoft entered a power purchase agreement for 100% of the plant’s production. March 11, 2024 Primergy Solar LLC announced it has closed commitments for $588 million in debt financing for a 408 MW solar project in Hill County, Texas, south of Dallas. The project’s full capacity will be tied to Microsoft via a long-term power …

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DOE announces $9.5 million award for Iowa’s first microgrid project

The Montezuma project with a 3 MW solar installation and a battery energy storage system is expected to lower energy costs for residents by as much as 18% and to reduce transmission costs for the utility by 34% March 11, 2024 Iowa State researchers and utility Montezuma Municipal Light & Power submitted a proposal to the Department …

DOE announces $9.5 million award for Iowa’s first microgrid project Read More »

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