US-headquartered Green & Clean Power LLC (GCP) secured $300 million in financing to build a solar and battery storage facility in Osceola, Arkansas. The project included $165 million from KfW IPEX-Bank and $100 million from the Arkansas Teacher Retirement System. The facility was designed to supply 40% of Hybar LLC’s energy needs, a nearby steel rebar mill under construction. Hybar aimed to achieve low emissions through renewable energy integration. The project is also planned for a future connection to the MISO grid for third-party power sales. Both facilities were scheduled for completion by fall 2025.
GCP obtains $300M for solar and battery facilities in Arkansas
Arkansas solar facility by GCP gains $300 million funding, powering Hybar’s net zero rebar mill. (Image Source: PRNewswire)
Balzer’s expertise in land development and power delivery strengthens Westwood’s renewable energy capabilities. (Image Source: Westwood)
National Finance’s support enables Sheida Industries to meet Oman’s solar panel needs for major renewable projects. (Image Source: Zawya)
GPG’s $2.3 billion Australian financing strengthens its 1 GW renewable portfolio with 360 MW under construction and 510 MW ready. (Image Credit/Source:Pixabay/Pexels)
TSE secures €65M from Eiffel Investment Group to fund 800 MW solar projects, powering 450,000 homes annually. (Image Source: TSE)