Nexamp And Walmart Team Up On 31 Community Solar Projects
Nexamp, a community solar company, has partnered with Walmart to develop 31 community solar projects across the United States. These projects are expected to generate more than 120 MW of direct current (DC) renewable energy for the grid, create over 1500 jobs, and provide millions in consumer savings for local businesses and approximately 8000 residential customers. Walmart and Nexamp previously collaborated on a portfolio of community solar projects across New York in 2021.
The 31 community solar projects will focus on providing the benefits of affordable, renewable energy to subscribers across five states. Nexamp’s community solar model allows residents to subscribe to solar energy without the need for rooftop installations, giving them access to the benefits of clean energy and lower utility bills. According to Nexamp, customers can expect to see significant energy cost reductions, with overall savings totaling more than US$2 million per year.
“Working with Walmart to expand access to affordable, clean energy is an exciting opportunity for Nexamp and for the communities we serve,” said Zaid Ashai, chief executive officer of Nexamp. “Together, we are working to deliver benefits for thousands of households across the country. This collaboration demonstrates the power of partnerships in advancing the clean energy transition.”
In addition to providing much-needed renewable energy to the grid, this initiative will drive local economic growth. The investment is expected to create more than 1500 new jobs during the construction and ongoing operations of these solar farms, supporting local economies and delivering valuable employment opportunities. The solar farms will be in Maine, Massachusetts, New York, Illinois, and Minnesota.
“Walmart’s energy strategy aims to enable affordable and reliable solutions that drive positive outcomes for our communities. Our collaboration with Nexamp is intended to help communities save money on energy bills, strengthen local grid infrastructure, and drive local job creation,” said Frank Palladino, vice president of renewable energy strategy for Walmart.
