TurningPoint Energy (TPE) and Nexamp, both US-based, have collaborated on two 9 MW community solar projects in Delaware, expected to be completed by 2025. This partnership supports TPE’s $100 million investment in Delaware’s community solar sector, with TPE overseeing the project development and Nexamp managing long-term operations. The solar projects will offer Delmarva Power customers reduced electricity bills, with 15% of the capacity dedicated to low-income households. These projects aim to help Delaware achieve its goal of reducing greenhouse gas emissions by 50% by 2030 and reaching net-zero emissions by 2050. Annually, the projects are expected to generate 14,490,000 kWh, which is equivalent to removing 2,409 gas-powered vehicles from the road. Over 1,080 residential customers will benefit from bill discounts through Nexamp’s initiative. Additionally, the partnership is set to create jobs, support local businesses, and contribute $60,000 to charitable causes.
TPE and Nexamp commit $60K to Delaware communities
Nexamp’s solar program offers Delmarva Power customers 15% savings with no sign-up fees or equipment required. (Image Credit: Pixabay)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)