Steel Mills
Nucor to Supply Steel, Source Power From Kentucky Solar Project
Written by Laura Miller
August 7, 2023
Nucor Corp. announced it will be providing steel to help build a new solar project in Kentucky. In addition, the steelmaker has agreed to purchase power from the project.
The Charlotte, N.C.-based steelmaker said its Nucor Steel Gallatin mill in Ghent, Ky., will provide steel for the Sebree Solar 1 project in Henderson County. Construction is slated to begin this fall.
Sebree Solar, a subsidiary of NextEra Energy Resources, is building the project in two phases. The first phase is expected to begin commercial operations in December 2025. Upon completion of both phases, the project will have a capacity of up to 400 megawatts of energy.
Nucor signed a power purchase agreement with Sebree for 250 megawatts of that energy.
Nucor Steel Gallatin is also providing steel for another solar project to be built by Green River Solar, another subsidiary of NextEra, in the Meade and Breckinridge counties of Kentucky. The Gallatin mill’s steel will be used for the racking system supporting the projects’ solar panels, the company said.
“We are delighted to work with NextEra Energy Resources, and to be a key material supplier to this important addition to the power grid in Kentucky, where we have grown our presence considerably in recent years,” said Greg Murphy, Nucor’s EVP of business services and general counsel.
“Our country’s energy transition will be built with steel, and the steel it is built with should be produced sustainably. And while Nucor is already among the world’s cleanest and most sustainable steel producers, this agreement will enable us to further reduce our climate footprint and meet our goals for improvement,” he added.
Laura Miller
Read more from Laura MillerLatest in Steel Mills
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.