Maryland signs solar energy agreement expected to save up to $515 million

Maryland announced a landmark solar energy agreement that state officials say could save between $298 million and $515 million over 20 years depending on future electricity market conditions. The deal links clean-power procurement with public-sector cost control, making solar part of a long-term budget and energy strategy rather than only a climate policy measure. For the US market, it is another example of governments using solar contracts to hedge electricity costs while advancing clean-energy targets.