Argan subsidiary Gemma gets full notice to proceed on 405 MW solar field in Illinois

ARGAN INC

Gemma Power Systems received full release for EPC services on a 405 MW utility-scale solar field in Illinois.
Project uses pre-existing transmission and utility infrastructure from a retired nearby coal power plant.
Solar-tracking panels can be stowed by remote command for adverse weather events.
Project is in early phases; previously only a limited notice to proceed had been issued.
No contract value or financial terms disclosed in the filing.

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