Primergy Launches 100-MW Solar Farm in Arkansas
- Primergy Solar unveils its 100-MWac Prairie Mist solar farm in Arkansas, powering Amazon and boosting local jobs and tax revenue—renewable energy’s bright future starts now!
Primergy Solar LLC has announced the full commercial operation of its 100-MWac Prairie Mist solar farm in Ashley County, Arkansas. This facility, which is Primergy’s second project to begin operations in 2024, connects to Entergy’s transmission system and will supply power under a purchase agreement with Amazon. Additionally, capacity rights will be sold to the City of North Little Rock through a 20-year contract.
The project's financing was secured in 2023, totaling $300 million in debt and tax equity. Primoris Renewable Energy served as the engineering, procurement, and construction contractor, creating approximately 200 jobs during construction and expected to generate $10 million in tax benefits for Ashley County over its operational lifetime.
What are the key benefits and impacts of Primergy's Prairie Mist solar farm in Arkansas?
Here are the key benefits and impacts of Primergy's Prairie Mist solar farm in Arkansas:
- Renewable Energy Generation: With a capacity of 100 MWac, the Prairie Mist solar farm contributes to the growing renewable energy portfolio in Arkansas, helping to reduce reliance on fossil fuels and lower greenhouse gas emissions.
- Sustainable Power Supply: The facility is set to provide a reliable supply of clean electricity to major companies like Amazon, supporting corporate sustainability goals and fostering a shift towards greener energy consumption.
- Local Economic Growth: The construction phase resulted in approximately 200 jobs, boosting the local economy and providing employment opportunities for residents in Ashley County.
- Long-term Revenue Generation: With the expectation of generating $10 million in tax benefits over its operational lifetime, the solar farm will contribute to local government funding for essential services such as education, infrastructure, and public safety.
- Community Engagement: By partnering with the City of North Little Rock to sell capacity rights through a 20-year contract, the project directly involves local governments and helps to ensure the sustainable development of community resources.
- Energy Independence: The solar farm enhances energy independence for Arkansas by diversifying the state’s energy mix and reducing dependence on out-of-state energy sources.
- Technological Advancement: The project showcases advancements in solar technology and energy storage solutions, positioning Arkansas as a contender in the renewable energy sector and encouraging future investments in similar projects.
- Reduced Energy Costs: By providing a stable and predictable source of energy, the Prairie Mist solar farm can help reduce energy costs for consumers and businesses in the region over time.
- Environmental Stewardship: The shift towards solar energy supports climate action initiatives and promotes environmental stewardship in the community, aligning with broader goals to combat climate change.
- Positive Social Impact: The implementation of sustainable energy solutions promotes awareness of environmental issues within the community, potentially leading to increased public support for future renewable energy initiatives and policies.