Headquartered in North Andover, MA, Nexamp was established in 2006, co-founded by friends and former U.S. Army Captains Daniel Leary and Dwight W. Thompson. Since that time, Nexamp has established itself as a market leader in delivering turnkey solar power solutions. Nexamp is backed by a group of investors with extensive energy experience. They include Point Judith Capital – a venture capital firm focused on Internet software and services, healthcare technology, and clean technology industries – and RCG Ventures, a clean energy investment firm.
A flurry of solar energy projects are underway across Rhode Island. East Providence, Westerly, West Greenwich and the Quonset Business Park have substantial solar fields planned or underway. Here is a look at the two largest: Quonset Business Park. A solar photovoltaic (PV) system covering 400,000 square feet atop two adjoining industrial warehouses is on track to be the largest of its type in New England. The project, owned by a Boston-based solar developer, expects to break ground in January and is scheduled to be completed in about two months. The solar field has a 2.34-megawatt-rated capacity, meaning its optimal power produces electricity to power 500 homes. The project is about the size of three and a half football fields, and three times as large as the solar array at Toray Plastics, another tenant at the business park.