US cannabis firm Bright Green plans 102-MW solar field in New Mexico

US cannabis company Bright Green Corporation (NASDAQ:BGXX) unveiled on Thursday a plan to build a 102-MW solar field to power its research, production and extraction processing facility situated in rural Grants, New Mexico.

The project is aligned with Bright Green’s commitment to replace natural gas and heavy oil used at the facility, which will undergo a significantly expansion, with clean electricity. The company expects the solar project to be realised in about 30 months, according to a press release.

Bright Green has already launched the bid process and is working with several local solar installers for the future site. The successful bid will also include a power purchase agreement (PPA) from local utilities to procure the excess power during peak times.

The energy sustainability plan also envisages the installation of three 40-MW electric boilers to be provided by Precision Boilers LLC. The machines will be powered by the solar field and will heat hot water to be used for the heating requirements during low sun periods.

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