nexamp

Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.

The sites are expected to generate over 120MW of solar power, Nexamp said, across the states of Maine, Massachusetts, New York, Illinois and Minnesota.

US developer Nexamp has partnered with coffee maker Starbucks to build 40MW of community solar projects in the US state of Illinois.

Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.

US community solar developer Nexamp has raised US$520 million to expand its operations into new markets and execute its existing project pipeline.

Canadian PV manufacturer Heliene has secured US$170 million to grow its existing module assembly plant with two new 300MW lines.

US community solar developer Nexamp has signed a 1.5GW module supply deal with Canadian PV manufacturer Heliene to deploy at its community solar sites over the next five years.

Clean energy company Nexamp has secured US$400 million in debt and equity financing to develop up to 250MW of community solar and storage projects across the US.

New York has awarded 22 large-scale solar projects contracts as part of the state’s largest land-based procurement of renewables to date.

A round up of the latest news from the Americas, including National Gird Renewables closing a US$98 million raise, a ski resort investing in solar via a partnership with Nexamp and Westbridge Energy buying a controlling stake in a solar and storage company