Solar company Nexamp Inc. has announced the completion of a 2.4 MW community solar project located on land owned by Allard’s Farm in Hadley, Mass. The array is the second Nexamp solar project hosted by the multi-generational family farm, following a 3.0 MW installation completed in 2012.
Nexamp says the new project, consisting of over 7,500 solar modules installed on marginally productive farmland, offers a stable source of revenue to augment Allard’s Farm operations over the next two decades or longer. The project will also provide energy cost savings to the towns of Hadley and Southwick, which each entered into long-term agreements with Nexamp to purchase discounted energy credits generated by the project.
Additionally, over 100 local residents, non-profits, and small businesses have signed up to participate in the project directly through Nexamp’s Solarize My Bill community solar program. Together with Hadley and Southwick, participants are expected to save millions of dollars in aggregate electricity costs over the life of the project, according to Nexamp.
“This project epitomizes the immense potential of thoughtful energy policy in the commonwealth [of Massachusetts],” says Zaid Ashai, CEO of Nexamp. “Sited on a relatively small portion of the farm’s hay fields, the solar project will not only help sustain ongoing operations at the farm, but will also provide significant direct benefits to the surrounding community. Nexamp is thrilled to fuel our own growth with another successful community solar project, and looks forward to expanding the benefits of solar power to all Massachusetts ratepayers in the years ahead.”
The Hadley project is one of over two dozen solar facilities that Nexamp expects to complete over the next six months. By the end of 2017, the company expects to be serving over 3,500 community solar customer accounts through its Solarize My Bill program in Massachusetts alone, as it expands its offering into new markets in New York, Rhode Island, and Maryland.