US-based Scenic Hill Solar has secured $31.8 million in initial funding to support solar projects for the University of Arkansas System, spanning 18 sites. According to Scenic Hill Solar, this marks the fourth-largest renewable energy deployment by a university in the US and the largest solar installation in Arkansas. The funding was provided by Climate United, a nonprofit coalition, as part of its first investment from the US Environmental Protection Agency’s National Clean Investment Fund. Scenic Hill plans to build 18 solar projects across 13 utility service areas in Arkansas. The project is expected to save the UA System $120 million in energy costs over 25 years and create hundreds of jobs statewide.
Scenic Hill Solar starts 18 solar installations in Arkansas
A $31.8 million investment from Climate United will enable the University of Arkansas System to save $120 million in energy costs over 25 years. (Image Credit/Source: Los Muertos Crew/Pexels)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)