trending Market Intelligence /marketintelligence/en/news-insights/trending/mmZzh2bfgfTUSsgJ4G8w0Q2 content esgSubNav
In This List

Salt River Project contracts for 100-MW solar facility to supply large customers

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Research Brokers Accelerate Their Coverage of Electric Vehicles

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms


Salt River Project contracts for 100-MW solar facility to supply large customers

Arizona utility the Salt River Project has announced the construction of a new 100-MW solar power plant in Coolidge, Ariz., to meet demands for energy from renewable resources by large commercial and industrial customers.

A NextEra Energy Resources LLC subsidiary will construct the solar facility, Salt River said in a news release Dec. 17. NextEra Energy Resources is a subsidiary of NextEra Energy Inc.

Salt River said the customers, including local municipalities, retailers and mining companies, signed up for the solar-generated power through its Sustainable Energy Offering program. The program is part of the utility's goal to reduce its carbon emissions by 33% until 2035. The new power plant will contribute to Salt River's plan to add 1,000 MW of utility-scale solar resources by 2025.