# Saxon Capital Group Buys 62 Acres in North Dakota for Solar Home Project

- URL: https://stocks.freetheai.org/news/saxon-capital-group-buys-62-acres-in-north-dakota-for-solar-home-project-c47e89
- Published: 2026-10-16T12:30:00Z
- Category: company_news; sentiment: bullish; impact: medium
- Symbols: [OTC:SCGX](https://stocks.freetheai.org/symbols/OTC-SCGX)
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Saxon Capital Group, Inc. (OTC: SCGX) has acquired 62 acres of land in Beulah, North Dakota, to build its first solar-powered housing development. The proposed community will feature homes equipped with Energy Glass Solar technology, a transparent solar glass designed to generate electricity and help lower energy costs for residents.

The development aims to address a housing deficit in Mercer County, where local economic development officials estimate a need for more than 300 new housing units. Upcoming industrial expansion in energy, critical mineral processing, and manufacturing is expected to drive population growth in the area. Preliminary concepts for the property include townhomes, condominiums, single-family homes, higher-priced executive homes, and RV storage garages.

Construction on the company's first model home is scheduled to begin in spring 2027, with a target building timeline of approximately three months per home once foundations are completed. The project remains in its early planning stages and will depend on securing required financing, zoning approvals, permits, and infrastructure access.

## Key points

- Saxon Capital Group acquired 62 acres in Beulah, North Dakota, for its first solar home community.
- The development plans to utilize Energy Glass Solar technology to generate electricity and reduce power costs.
- Mercer County faces a shortage of over 300 housing units amid expected industrial growth in the region.
- Construction of the first model home is scheduled to begin in spring 2027, subject to financing and permits.

## Questions and answers

### What is Saxon Capital Group building in Beulah, North Dakota?

Saxon Capital Group plans to build its first Saxon Solar Home Community on 62 acres, featuring energy-efficient residences using Energy Glass Solar technology to help address local housing shortages.

### When will construction start on the Saxon Solar Home Community?

Saxon Capital Group plans to build its first model home in spring 2027, though final timing depends on securing financing, permits, site preparation, and weather conditions.

### How does Energy Glass Solar technology work in Saxon homes?

Energy Glass Solar is a patented transparent solar glass that generates electricity while maintaining optical clarity, helping homeowners potentially reduce electricity bills from local utilities.

