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Argan, Inc.'s Wholly Owned Subsidiary Gemma Power Systems Enters Into An EPC Contract And Receives Notice To Proceed For A 100-MW Solar Project In Pennsylvania


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| May 24, 2021
Argan, Inc. s Wholly Owned Subsidiary Gemma Power Systems Enters Into An EPC Contract And Receives Notice To Proceed For A 100-MW Solar Project In Pennsylvania
ROCKVILLE, MD. (BUSINESS WIRE)
Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announced today that its wholly owned subsidiary, Gemma Power Systems (”Gemma”), recently entered into an engineering, procurement and construction (“EPC”) services contract with CPV Maple Hill Solar, LLC, an affiliate of Competitive Power Ventures, Inc. (“CPV”), to construct the Maple Hill Solar facility, which will be among the largest solar-powered energy plants in Pennsylvania. Gemma also received Notice to Proceed with project activities immediately. Project completion is scheduled to occur during the second half of 2022. ....

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CPV to Proceed with the Construction of 100-MW Maple Hill


CPV to Proceed with the Construction of 100-MW Maple Hill Solar Facility
Major renewable energy project will be capable of powering 18,000 Pennsylvania households
May 24, 2021 09:17 ET
| Source:
Competitive Power Ventures
Competitive Power Ventures
Braintree, Massachusetts, UNITED STATES
Silver Spring, MD, May 24, 2021 (GLOBE NEWSWIRE) Competitive Power Ventures (CPV) today announced that Maple Hill Solar, a planned 100-MW solar power generation facility in Portage Township, PA, has begun construction with the support of Gemma Power Systems. The solar farm, located on the site of a former coal mine, is expected to begin generating electricity by May of 2022. Maple Hill Solar will consist of 530+ watt solar panels which are provided by Talesun, a global leading module manufacturer. The modules incorporate the latest bi-facial technology and utilize single-axis tracking to maximize energy production.  ....

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