Solar Nexamp lines up financing for 250 MW of solar and storage Renewable Energy World 5.31.2023 Share Nexamp said it secured more than $400 million in tax equity and debt commitments led by U.S. Bancorp Impact Finance and Mitsubishi UFJ Finance Group. The 49 solar and battery storage projects are expected to have a total generating capacity of nearly 250 MWdc and are sited in predominantly rural communities in Maine, Maryland, Massachusetts, New York, Minnesota, and Illinois. Nexamp said its financing effort was bolstered by the Inflation Reduction Act, which extended and expanded the investment tax credits for clean energy resources. Related Posts Solar companies raised $34B in 2023, most in a decade National Grid petition seeks retroactive cost increases from multiple solar projects The Pentagon will install rooftop solar panels as Biden pushes clean energy in federal buildings Texas grid survives, thwarting NIMBYs, and companies turn to ‘greenhushing’ — This Week in Cleantech
