The Salt River Project is set to begin work on the second phase of a solar installation that will be the nonprofit utility’s first utility-scale solar asset that it develops, owns and operates by itself.
The funding will also help the utility run the project on its own from start to finish. In the past, SRP has contracted renewable generation through agreements with developers, who in turn benefit from tax credits. Work on the installation is expected to take 24 months, the company said, noting that when the project is up and running it will help bring its level of carbon-free retail energy to more than 50% by 2025.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Multifamily construction boosts self-storage industry in Phoenix metro - Phoenix Business JournalMetro Phoenix built the fifth highest number of new apartments during the past decade, adding more than 62,000 new apartments between 2012 and 2021. Here's how the growth of this sector is impacting another real estate segment that is closely aligned to the multifamily market.
Source: phxbizjournal - 🏆 254. / 63 Read more »
NCAA and Phoenix organizing committee start prepping for 2024 Final Four - Phoenix Business JournalOfficials from the NCAA, along with Arizona Gov. Doug Ducey and Phoenix Mayor Kate Gallego, unveiled the logo of the 2024 Phoenix Final Four, which will be played in Glendale at State Farm Stadium on April 6 and April 8, 2024.
Source: phxbizjournal - 🏆 254. / 63 Read more »
NCAA and Phoenix organizing committee start prepping for 2024 Final Four - Phoenix Business JournalOfficials from the NCAA, along with Arizona Gov. Doug Ducey and Phoenix Mayor Kate Gallego, unveiled the logo of the 2024 Phoenix Final Four, which will be played in Glendale at State Farm Stadium on April 6 and April 8, 2024.
Source: phxbizjournal - 🏆 254. / 63 Read more »
BMO Wealth Management names Michael Blanton as Arizona office leader - Phoenix Business JournalThe new leader of BMO Wealth Management’s Arizona office worked for the past four years in a similar role at the company's headquarters in Chicago, also the base of operations for BMO Harris Bank NA.
Source: phxbizjournal - 🏆 254. / 63 Read more »
Arizona hospitals among US News' best for maternity care - Phoenix Business JournalTwo Arizona hospitals were listed among the best in the nation for maternity care, according to the latest survey from U.S. News & World Report.
Source: phxbizjournal - 🏆 254. / 63 Read more »
'American manufacturing is back:' President Biden points to Arizona for manufacturing success - Phoenix Business JournalPresident Joe Biden, Taiwan Semiconductor Manufacturing Co.'s founder Morris Chang and Apple CEO Tim Cook were among the high-profile officials and companies that attended the Asian chipmaker's ceremony in Phoenix where the company unveiled plans to significantly bulk up the project. Spread across multiple factories, the complex could eventually exceed 5 million square feet in size.
Source: phxbizjournal - 🏆 254. / 63 Read more »