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TurningPoint Energy and Nexamp Launch $100M Community Solar Projects in Delaware

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Representational image. Credit: Canva

TurningPoint Energy (TPE) and Nexamp have announced a new collaboration to expand clean energy access through two community solar projects totaling nine megawatts (9MW) in Delawareโ€™s New Castle and Sussex counties. Set for completion in 2025, this community solar portfolio demonstrates TPEโ€™s commitment to investing over $100 million in Delaware’s community solar market. TPE developed the projects under Delawareโ€™s community solar program, while Nexamp will build, own, and operate them long-term.

Delmarva Power customers in Delaware will have the opportunity to receive discounts on their electric bills, with 15% of each project’s capacity reserved for low-income customers. This initiative supports Delawareโ€™s goal to reduce statewide greenhouse gas (GHG) emissions by 50% by 2030 and achieve net-zero emissions by 2050. The two projects combined will generate 14,490,000 kWh annually, equivalent to taking 2,409 gas-powered cars off the road. Over 1,080 residential Delmarva Power Delaware customers will be able to subscribe to the projects, benefiting from a 15% savings on their electric bills through Nexampโ€™s community solar program, which requires no sign-up fees, long-term commitments, or equipment installation.

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โ€œWe are thrilled to see this second portfolio of projects built in Delaware with a trusted partner such as Nexamp,โ€ said Salar Naini, president of TurningPoint Energy. โ€œThese projects are part of a larger portfolio we have been developing in the First State to support its renewable energy goals and expand access to the benefits of solar.โ€

Delaware Senator Stephanie Hansen, Chair of the Senate Environment, Energy and Transportation Committee, commented, โ€œIโ€™m heartened to see continued progress on developing Delawareโ€™s solar energy landscape, making it more accessible and affordable to a greater number of consumers. Solar energy is an important part of Delaware’s energy future and I am proud to serve alongside so many fellow legislators who share a commitment to expanding our renewable energy economy in Delaware and taking meaningful steps to combat climate change.โ€

โ€œNexamp and TurningPoint Energy have collaborated on several pioneering projects over the years and developed a strong relationship rooted in our shared commitment to thoughtful development practices in expanding access to affordable, reliable clean energy for local communities,โ€ said John Murphy, Chief Strategy Officer at Nexamp. โ€œWeโ€™re proud to partner with TPE once again to expand access to Nexampโ€™s industry-leading community solar offering for residents and businesses across Delaware.โ€

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