Tuesday, 26 April 2016

RES Distributed announces 15 MW solar PV project for Central Texas

RES Distributed, a wholly owned subsidiary of Renewable Energy Systems Americas Inc. (RES, Broomfield, Colorado, U.S.), on April 25th, 2016 announced an agreement with Pedernales Electric Cooperative (PEC, Johnson City, TX, U.S.) to develop, construct and manage a 15 MW distributed portfolio of solar photovoltaic (PV) projects in the Texas Hill Country.

Long-term PPA signed
PEC will purchase the solar power output from the multi-site facility once it is brought online in 2017 under a long-term power purchase agreement (PPA) signed with RES Distributed.
PEC, established in 1938, is one of the largest member-owned electric cooperatives in the United States.

15 sites hosting up to 998 kW solar PV arrays
The Pedernales Electric Community solar PV project will consist of fifteen sites across PEC's service territory with each site hosting up to 998 kW solar array. Construction of the facilities will begin later this year and is scheduled to be completed in 2017.
RES announced its entry into the distributed energy market in 2015 to offer customer-sited, community solutions for local utilities through the use of solar, energy storage, and demand side management technologies. The PEC agreement is a significant milestone for RES Distributed as the project will be one of its largest solar portfolios to date.
“PEC is excited to partner with RES for its community solar program,” said Ingmar Sterzing, PEC's vice president of Power Supply and Energy Services.
“Once completed, these installations will allow all interested members to directly participate in a solar program that will provide the Cooperative with a cost-effective rate for all its member-owners.” 
source: http://www.solarserver.com

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