Nexamp is partnering with Starbucks, who as a long-term renewables purchaser is set to anchor the deployment of 40 MW across six Illinois community solar farms.
The solar projects are expected to serve 1,100 local residents subscribing within the ComEd and Ameren utility territories.
Construction and operation on these projects will include roles for participants in Nexamp’s fellowship programs, created through partnerships with organizations such as City Colleges of Chicago, the Chicago Urban League, Uplift Community High School, 22C and other Future Energy Jobs Act job training organizations.
“Community solar is a perfect way for retailers to make progress on their own sustainability goals while also playing a role in the build-out of renewable energy resources that have the ability to directly benefit their own customers,” says Zaid Ashai, Nexamp CEO.
“That was the case with Starbucks, which shares our vision of equitable access to community members. Climate change is one of the most important issues of the day and we can only make meaningful progress on decarbonization when companies come together to develop impactful, inclusive solutions.”
Starbucks will receive a portion of the project’s RECs for its support of Nexamp’s Illinois operations.
Construction has begun on the solar projects, which are expected to come online next year.
The post Nexamp, Starbucks Partner on Illinois Community Solar Projects appeared first on Solar Industry.
Nexamp, Starbucks Partner on Illinois Community Solar Projects
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
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