Brownfield Solar Projects Gain Ground in U.S.

July 19, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Solar projects at brownfield sites in the U.S. offer an excellent opportunity to transform abandoned and underused lands into valuable assets for renewable energy production. Brownfield sites are usually well-connected to existing infrastructure, such as roads and power lines. This accessibility can lower the costs and challenges associated with integrating solar energy into the grid. Many of the brownfield sites chosen for solar energy projects have been previously used for industrial purposes such as coal-fired power generation or mining. Industrial Info is tracking more than $4 billion worth of active solar projects at brownfield sites in the U.S.

Companies featured: Xcel Energy Incorporated (NASDAQ:XEL), Toyota Motor Corporation (NYSE:TM), NextEra Energy Incorporated (NYSE:NEE)