Calvert Impact reposted this
We’re so excited to announce our FIRST investment from the historic funding we received from the US Environmental Protection Agency (EPA). We are providing $31.8 million in financing to help Scenic Hill Solar begin construction on a groundbreaking solar project at University of Arkansas — the fourth-largest university #RenewableEnergy project in the U.S. and the largest Commercial & Industrial solar deployment in Arkansas history. Here are the project highlights: 🐗 The University of Arkansas System is expected to save over $120 million in energy costs over the next 25 years, directly benefiting over 70,000 students and 17,000 employees across multiple campuses. 👩🏭 The project will be built with solar technology components made in America thanks to Scenic Hill Solar’s “American Made, Arkansas Built™” initiative. This initiative increases American energy independence, strengthens the United States supply chain, and positions Arkansas as a leader in the global solar industry. 💡The project will generate over 4 billion kWh of clean electricity during the life of the project — equivalent to planting 46 million trees or 7 billion fewer passenger car miles. Read the press release here: https://lnkd.in/eaRR8d4R