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Environment & Climate

Lima completes floating solar installation on local reservoir

Fox News reports that the Ohio city anticipates long-term energy savings from the project.

The short version

  • Lima, Ohio, finished constructing a 2-megawatt floating solar array on the Twin Lakes Reservoir.[Fox News]
  • The installation cost approximately $5.3 million and was supported by federal grants and direct-pay tax credits.[Fox News]
  • Municipal officials project the system will generate nearly $10 million in electricity savings over its lifespan.[Fox News]

Key facts

  • Lima, Ohio, finished building a 2-megawatt floating solar installation on the Twin Lakes Reservoir.[Fox News]
  • Total expenses for the floating solar project reached around $5.3 million.[Fox News]
  • Federal support included a $2.4 million Department of Energy grant alongside nearly $900,000 in direct-pay tax credits.[Fox News]
  • The city estimates that the array will save nearly $10 million in utility costs over its operating lifetime.[Fox News]

What remains uncertain

  • The actual lifetime utility savings remain an estimate subject to future electricity rates and operational performance.[Fox News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.