May 25, 2023 03:40 PM
Toyota North America signed a virtual power purchase agreement (VPPA) with Savion, and local developer Edelen Renewables, on a coal mine set to be repurposed into a solar farm.
Toyota agreed to offtake 100MW of electricity at the Martin County Solar Project, which has an expansion potential of up to 200MW.
The solar project received a $231 million investment for construction, as well as $600,000 in tax incentives from the Kentucky Enterprise Initiative Act (KEIA). Read More…