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ANNAPOLIS, Md., March 6, 2025 /PRNewswire/ -- New Energy Equity, a national leader in developing and financing community and commercial solar projects, is pleased to announce a new partnership with the Harlem Consolidated School District to bring a 5.54 MWdc solar energy project to the district in Illinois.
Developed by BOW Renewables and subsequently acquired by NEE, this project is on land owned by the Harlem Consolidated School District. It will provide significant economic benefits, including discounted electricity, to both the school district in eastern Winnebago County and residential customers in the Commonwealth Edison service area. This collaboration marks NEE's first initiative in Illinois' Public Schools Program, part of the state's Adjustable Block Program (ABP), which drives renewable energy growth across Illinois.
The Harlem Consolidated School District solar project will harness clean, renewable power to significantly offset the district's energy needs, supporting over 39,000 students across 11 schools. Beyond the direct benefits to the district, the project will expand renewable energy access to the broader local community, fostering environmental stewardship and sustainability. This shared clean energy initiative enables the district and participating residents to join Illinois' transition to renewable energy sources and benefit both financially and environmentally.
With this acquisition, New Energy Equity underscores its dedication to advancing clean energy in educational settings, empowering communities, and supporting Illinois' clean energy goals. Building on its extensive experience in Illinois, where the company already has more than 30 community solar projects totaling over 90 MWdc, the Harlem Consolidated School District project is poised to set a model for sustainable, community-driven energy solutions that create lasting benefits for both public institutions and local residents.
"We are honored to work alongside the Harlem Consolidated School District as they lead by example in environmental responsibility," said Jackie Chambers, New Energy Equity's Chief Investment Officer. "This project demonstrates the power of collaboration, allowing public schools and communities to take meaningful steps toward a cleaner future."
BOW Renewables, LLC, the original developer of the project, expressed excitement about New Energy Equity's acquisition, recognizing the project's potential impact on the region.
"This community solar endeavor serves as a further milestone in BOW's commitment to providing local community benefits and advancing Illinois' clean energy objectives," said Bryan Segarra, Director of Development, BOW Renewables.