LINCOLN- In a proposed carbon black/anhydrous ammonia plant near Hallam, up to $1.2 billion in new wind and solar energy projects could be spurred by an agreement to provide 100% renewable energy.

The plant developer Monolith Materials, Nebraska Public Power District and the Norris Public Power District will announce an intent to purchase the power agreement as a 'win-win-win for everybody'. The plant will be fully expanded by 2025 and will be the largest electric consumer for NPPD. The new development would double the current renewable energy production and will be enough to power all of Lincoln.

Proposals for the new wind and solar projects will be heard in March with agreements being signed in September. Monolith has already invested $100 million in the Hallam facility which employs nearly 100 workers now and will eventually ramp up to 700.

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