Purdue University has cancelled plans for a new campus coal plant, making the plant the 150th to be defeated or abandoned since the beginning of the coal rush in 2001.
In the last two years, no new coal plants have started construction and the industry has announced the phase out of over 50 plants.
Purdue was the only university in the country planning to build a new coal plant. At the same time, nearly a dozen other universities have committed to ending their dependence on campus coal plants by switching to cleaner sources of energy.
At the beginning of the coal rush more than 150 coal plants were slated for construction. Today a majority of those projects have been defeated or abandoned because of tremendous grassroots pressure, rising costs and a slate of clean up requirements expected from the Environmental Protection Agency.
Wells Fargo and GCL-Poly Energy announced they completed financing, which will allow GCL Solar Energy to provide solar PV to schools, municipalities, corporations, and utilities across the U.S. through power purchase agreements.
The first projects under the financing agreement are a 1.2 MW solar system at the University of San Diego, which will supply 15% of its energy. 5,000 solar panels will top the roofs of the university’s academic buildings, residence halls, parking structure and a pavilion. The system is the 10th largest on a college campus in the US.
It is also financing five projects at the Antelope Valley Joint Union High School District of 200 kW to 1.2 MW each. The project is part of a 10 systems in the greater Los Angeles area that will be finished early this year.
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