The developer selected by the Oregon University System to build the state’s largest solar project filed for bankruptcy at the end of last year.
The developer selected by the Oregon University System to build the state’s largest solar project filed for bankruptcy at the end of last year.
Utah-based Renewable Energy Development Corp., known as REDCO, filed Chapter 7 bankruptcy protection on Dec. 30, 2011 leaving the ambitious solar project, which aims to install large solar arrays at each of the state’s public universities, without a developer.
Bob Simonton, OUS assistant vice chancellor for capital programs, said the program, announced with great fanfare last August, would move forward, just with a new developer.
Read more at Sustainable Business Oregon.
{biztweet}ous solar{/biztweet}
