trending Market Intelligence /marketintelligence/en/news-insights/trending/vUurz1i-POE31ED02FZ5fg2 content esgSubNav
In This List

SRP completes 1.2-MW Ariz. solar project

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Infographic: Q1’22 U.S. Wind Power by the Numbers

Blog

Understanding Loss Given Default A Review of Three Approaches

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy


SRP completes 1.2-MW Ariz. solar project

Salt River Project on March 24 announced the commissioning of a 1.2-MW solar project in Tempe, Ariz.

Located at a water treatment plant, the project uses 2,000 solar panels to produce 1.8 million kWh of electricity each year that will supply 30% of treatment plant's needs, the company said.

SRP completed the project in partnership with the city of Tempe. With the project set in motion, Tempe reached 10% of its goal to have 20% of its energy from renewable sources by 2025.

Tempe expects to save more than $530,000 in utility costs over the next 20 years, according to the news release, and the water treatment plant's carbon emissions are projected to be reduced by 1,280 tonnes annually.