Virginia Energy Resources Inc to build a solar project in Pittsylvania
Virginia Energy Resources Inc. has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on approximately 1,000 acres of land in Pittsylvania County, Virginia.
The company is expected to provide an onsite source of low carbon power to utilize for future processing facilities at Coles Hill. In the meantime, the solar project will provide low-cost low-carbon energy to the local area while providing future cash flow contributions for sustaining the general and administrative costs of the company.
Virginia Energy Resources Inc. is a uranium development and exploration company. It holds a 100% controlling interest in the advanced stage Coles Hill uranium project located in south-central Virginia, USA.
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