Huge solar farm will feed energy needs across Wisconsin tmj4.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmj4.com Daily Mail and Mail on Sunday newspapers.
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MGE Energy Reports First-Quarter Earnings
May 6, 2021 GMT
MGE Energy, Inc. (Nasdaq: MGEE) today reported financial results for the first quarter of 2021.
MGE Energy’s GAAP (Generally Accepted Accounting Principles) earnings for the first quarter of 2021 were $34.9 million, or $0.97 per share, compared to $26.0 million, or $0.75 per share, for the same period in the prior year.
An increase in electric investments included in rate base contributed to increased electric earnings for 2021. The Two Creeks solar project was completed in November 2020 contributing to increased electric earnings in the first quarter of 2021. Our 50-megawatt share of the project’s generation will contribute to our ongoing goal of deep carbon reductions. The timing of 2021 depreciation and other operations and maintenance costs also contributed to higher electric earnings in the first quarter of 2021. Depreci
Cheap solar panels allow Wisconsin utilities to ramp up clean energy wisfarmer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wisfarmer.com Daily Mail and Mail on Sunday newspapers.
The Cambridge News & The Independent
A Chicago firm eyeing a large solar farm west of Cambridge offered more details on its plans and timeline at a village meeting last week.
Invenergy team members met virtually on March 4 with Cambridge s ad-hoc Energy Subcommittee that was created in January to respond to the proposal.
It was the latest is a string of recent area town and village meetings, at which Invenergy representatives have been present.
Local residents also joined in, asking questions directly and posting queries in a chat box.
The up to 375-megawatt Koshkonong Solar Energy Center is proposed to be built on up to 2,600 acres in the towns of Christiana and Deerfield, within a total project area of 11,900 acres.