Nexamp activates two solar+storage projects in Massachusetts

US distributed solar power generation company Nexamp has completed two energy storage projects, marking another milestone toward the buildout of a cleaner and more resilient regional power grid, an official statement said. Co-located with existing Nexamp community solar farms in Massachusetts, the battery storage projects are expected to provide critical frequency regulation services for the […]

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US Distributed Energy Major Nexamp Closes $680 million Fund Raise

Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […]

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Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business

Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […]

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Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio

Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […]

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Nexamp Community Solar Adds Another Multi-Project Commercial Subscriber

Rochester Regional Health has taken a significant step toward achieving its goal of sourcing all of its electricity through renewable sources by 2025. The organization is combining community solar from Nexamp with its own on-site solar, energy efficiency measures and other initiatives to reduce its carbon footprint. The health system is expected to save more […]

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Nexamp to Develop 3 Community Solar Projects in New Jersey

Nexamp has been selected to build three new projects totaling more than 11 MW in New Jersey as part of that state’s Community Solar Energy Pilot Program. Nexamp, a leading developer of community solar programs across the US, has been selected to build three new projects totaling more than 11 MW in New Jersey as part of […]

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Nexamp Commissions 2.6 MW Solar Plant in New York

Through the Solar for All program, the project will reserve approximately 20 percent of project capacity for eligible homeowners and renters to subscribe. The New York State Energy Research and Development Authority (NYSERDA) and Nexamp, have commissioned Nexamp’s 2.6 MW community solar project in the Town of Seneca, of which 1 MW will be used […]

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Nexamp Completes 2.6 MW Community Solar Project in Sutton, MA

Nexamp has today announced the completion of a 2.6 megawatt Community Solar project located on the Sutton-North bridge town line in southeastern Massachusetts. Consisting of over 8,000 panels, the project is one of the largest Community Solar projects in the Northeast serving local homes, nonprofits and small businesses. The new solar array is built on […]

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