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Developer plans $45 million solar energy farm in Rhode Island

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March 25, 2008

COVENTRY, R.I.—A former hazardous waste site in Coventry could be converted into the largest solar energy farm east of the Mississippi River.

New York-based Allco Renewable Energy signed a letter of intent Tuesday to build the $45 million project on a 100-acre tract of town-owned land that was once home to a pig farm.

A portion of the farm was declared a federal Superfund site in the 1980s.

Coventry has agreed to give Allco a 50-year lease and the company has agreed to make payments of $200,000 a year or 4 percent of gross receipts to the town, whichever is greater.

The project calls for hundreds of 3-foot-by-5-foot solar panels that would rotate from east to west throughout the day.

Allco will also look into whether wind turbines could be placed at the site.

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