According to the university, it will install a two megawatt solar power plant at its Fort Collins campus, sufficient to meet 10 percent of its electric needs. The array will be located on 15 acres of land and is expected to be finished late this year.
"The university is proud to be a state leader in the utilization of renewable and clean energy solutions, and it is especially satisfying to put projects online that will also be financially beneficial for many years to come," said interim university provost Rick Miranda.
There is already a 1.2 megawatt solar array providing power at the university system's Pueblo campus. The state is working with Xcel Energy to generate the clean energy.
Xcel will continue to own and operate the solar panels, but the university will later have the opportunity to purchase the equipment. The university will purchase the solar power from Xcel at a fixed rate as part of a 20-year agreement.
