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                              Metal Industry News

                              Gerdau Developing Solar Power Project in Texas

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                              Gerdau Long Steel North America and 174 Power Global, a leading solar energy company have entered into a 20-year Power Purchase Agreement to develop one of the largest behind-the-meter solar facilities in the nation.

                              The 80-megawatt Gerdau solar project, located adjacent to the Gerdau Midlothian Steel Mill in Midlothian, Texas, will be comprised of more than 231,000 solar panels, spanning more than 700 acres. The BTM system will provide power directly to the Midlothian steel mill, creating cost and energy consumption benefits. The Gerdau solar project plans to utilize Gerdau¡¯s solar beam pilings, offset the emissions of more than 13,000 average Texas households, create more than 200 construction jobs and generate $19 million in tax revenue over the next 30 years.

                              ¡°174 Power Global is pleased to enter into this partnership with Gerdau, one of the world¡¯s most environmentally responsible steel producers, as we continue to develop our solar generation footprint and behind-the-meter projects in Texas,¡± said 174 Power Global President Henry Yun, PhD. ¡°We look forward to breaking ground on the construction of this important and innovative project and continuing to provide clean energy solutions to the state.¡±

                              ¡°Gerdau has a culture of sustainability,¡± said Gerdau Long Steel North America President Chia Yuan Wang. ¡°The products from our Midlothian facility are already made from 100 percent recycled scrap metal. Developing and utilizing green energy is an innovative way to further enhance our environmental contributions.¡±

                              Construction on the Gerdau solar facility is expected to begin by the end of 2020 and be completed at the end of 2021. 

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