- Bright Green (NASDAQ:BGXX) to install a 102-megawatt solar field to power the electricity and heating requirements for the new $250 million Dalsem expansion project and commits to switch the existing facility that currently burns natural gas and heavy oil to solar, it said Thursday.
- The company started the bid process and is working with several Solar Installation Companies domiciled in New Mexico to install a 102-Megawatt Solar Power Generation field.
- The successful bid will also include a Power Purchase Agreement from local utilities to purchase the excess power during peak times.
- The VP panels will be manufactured by Singapore based Maxeon Solar Technologies for the solar manufacturing plant in Albuquerque, New Mexico.
- BGXX +21.03% premarket to $0.3401
- Source: Press Release