Nexamp Inc. recently completed a 4.4 MW photovoltaic project in Charlton, Mass. – the largest managed growth project in 2014 as part of the state’s SREC II program.
Boston-based Nexamp, which owns and manages the project, handled construction, design and development. Sol Systems was in charge of the tax equity syndication process.
Producing 5.76 million kWh of energy per year (enough to power 800 homes), the project provides net metering credits for the Town of Westford, Mass., and recurring tax revenue for Charlton. “It’s a project that creates land use for the Town of Charlton and creates tax revenues to support their public services,” says Nexamp CEO Zaid Ashai.
The land, a 30-acre greenfield on a 60% slope, was “pretty steep for a solar farm,” says Nexamp’s Sean Harrington, project manager. “There are challenges associated with that,” he says, but the company completed the large-scale project in a little over three months, from the beginning of September to the end of December – a time frame that included a period of heavy rainfall.