MGE adds to initial purchase of solar energy from Badger Hollow project in Iowa County.
Madison, Wis., Feb. 20, 2020 — Madison Gas and Electric (MGE) today received preliminary approval from the Public Service Commission of Wisconsin to move ahead with plans to own an additional 50 megawatts (MW) of the Badger Hollow Solar Farm, known as Badger Hollow II.
“The addition of this cost-effective, locally generated solar energy for all customers will build on the progress we’ve already made toward our goal of net-zero carbon electricity by 2050,” said Jeff Keebler, MGE Chairman, President and CEO. “It also will help MGE manage long-term costs for our customers as we continue to grow our use of renewable energy and drive carbon out of our energy supply mix.”
Badger Hollow Solar Farm
In 2019, MGE received regulatory approval to own 50 MW of the initial phase of the Badger Hollow Solar Farm. Construction of the project is underway.
Badger Hollow is located in southwestern Wisconsin, in Iowa County, near the villages of Montfort and Cobb, about 12 miles west of Dodgeville. The 300-MW project is being developed by Chicago-based Invenergy, North America’s largest privately held renewable energy company.
The second phase of the Badger Hollow Solar Farm is expected online next year.
Net-zero carbon goal
MGE is targeting net-zero carbon electricity by the year 2050. In the near term, under MGE’s Energy 2030 framework for a more sustainable future, MGE has been working toward carbon dioxide emissions reductions of at least 40% by 2030 from 2005 levels, which is consistent with U.S. emissions targets established as part of the Paris Agreement on climate change. To reach these goals, MGE is growing its use of renewable energy, engaging customers around energy efficiency and facilitating the electrification of transportation, all of which are key strategies identified by the U.S. for achieving deep decarbonization.
MGE generates and distributes electricity to 153,000 customers in Dane County, Wisconsin, and purchases and distributes natural gas to 161,000 customers in seven south-central and western Wisconsin counties. MGE’s parent company is MGE Energy Inc. (NASDAQ: MGEE). The company’s roots in the Madison area date back more than 150 years. Visit the MGE website at mge.com.