AGX - Argan's wholly-owned subsidiary Gemma Power inks EPC contract with CPV Maple Hill Solar
Argan ([[AGX]] +2.0%) wholly owned subsidiary, Gemma Power Systems recently entered into an engineering, procurement and construction services contract with CPV Maple Hill Solar, affiliate of Competitive Power Ventures, for constructing the Maple Hill Solar facility (among the largest solar-powered energy plants in Pennsylvania).Gemma received notice to proceed with project activities immediately; project is scheduled to completed during 2H22.The unique Maple Hill Solar project will be constructed using 235K+ photovoltaic modules to generate ~100 MW of electrical power.
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Argan's wholly-owned subsidiary Gemma Power inks EPC contract with CPV Maple Hill Solar