The project benefits from a Renewable Energy Credit (REC) contract under the Illinois Adjustable Block Program, helping to enable a highly competitive PPA rate. In service of the customer’s sustainability goals, the project also calls for provision of separate Green-e certified RECs to replace those RECs sold under the state program.
“NSG has been a tremendous partner to SolAmerica Energy in realizing this project,” said SolAmerica Energy’s CEO, Tully Blalock. “The state of Illinois and its Adjustable Block Program have indeed helped make this initiative possible. We are excited about the prospect of providing our customers with low-cost solar-generated electricity over the next 15 years.”
“This new solar array adds to our solar and energy savings projects across the globe and is part of the NSG Group’s commitment to achieving a sustainable society and carbon neutrality in the future,” said Greg Chastain, Global Health and Safety Director. “We appreciate SolAmerica’s support in making the project a success.”
“We’re proud to support SolAmerica on our first tracker project together, building on a strong partnership that began in 2020. This marks a milestone as Terrasmart’s first tracker installation to qualify for the Inflation Reduction Act’s labor and domestic content credits – bearing testament to how our industry is supporting the growth of American jobs and manufacturing,” commented Terrasmart’s President Ed McKiernan.