Otter Tail (OTTR) Power Company, a wholly-owned subsidiary of Otter Tail Corporation, plans to add two solar facilities to its energy generation fleet to meet customers’ future energy needs. On December 9, 2024 the company requested Minnesota Public Utilities Commission determination that the costs associated with Solway Solar and Abercrombie Solar are eligible for cost recovery. Solway Solar is a 50-megawatt solar generation facility the company plans to build in Lammers Township near Solway, Minnesota. Depending on the timing of project approvals, Otter Tail Power anticipates Solway Solar to be fully operational in 2026. Abercrombie Solar, currently known as the Flickertail Solar Project, is a 295-MW solar generation facility under development in Abercrombie Township northwest of Wahpeton, North Dakota. Otter Tail Power has signed an agreement with Flickertail Solar Project, LLC to buy the development assets-once permits and regulatory approvals are received and other contractual requirements are met-with the intention to build the project.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OTTR: