A new solar farm has been unveiled in Kentucky and it will be the state’s largest privately funded solar project. This project is overseen by Stanley Black & Decker, the tool company.

According to PV Magazine, this solar farm built in Hopkinsville, Kentucky will power Stanley Black & Decker’s 2,800,000 square-foot production facility and will help to reduce carbon emissions by 5,500 of CO2, with annual savings of $400,000. This solar farm will produce 100% of the annual energy needed to maintain the plant’s operations and could provide excess energy back to the state.

Stanley Black & Decker built the solar array on its property, integrating it to the company’s energy supply. Thanks to this, the company is able to directly offset its energy needs from the plant with the energy produced by the solar installation. Instead of building the plant offsite, and claiming carbon credits for the project, the company chose to build the solar array on its property to achieve a net-zero goal at the facility.

The tool manufacturer has powered other plants in the U.S. with on-site and off-site renewable energy, but this is the first on-site, wholly owned, 100% offset solar project. In addition, the company has planned more solar projects in the future to provide more power to its plants.

With this new solar farm and their new projects, Stanley Black & Decker has set the goal to achieve carbon neutrality by 2030.

The solar array was built by Castillo Engineering, a firm that has expertise in solar and energy storage design, with the help of RPG Energy Group, a renewable energy company that offers schematic design and engineering.

With these types of projects, Kentucky is moving slowly to a greener way of producing energy, and more companies are seeing the benefits of reducing their carbon emissions.