Wednesday, 11 May 2016

Enel starts construction on a 150 MW solar PV portfolio in the U.S.



The project features a distributed solar design that consists of the installation of multiple small-scale PV sites

Enel S.p.A. (Rome, Italy), through its subsidiary Enel Green Power North America, Inc. (EGPNA), has started construction of the Aurora utility-scale distributed solar photovoltaic (PV) project in Minnesota. Once completed, Aurora will be the Enel Group’s largest solar photovoltaic (PV) project in North America.
“The Aurora project marks a significant step forward in the growth of our solar portfolio,” said Rafael Gonzalez, Head of Enel Green Power North America.

16 PV plants with a total installed capacity of 150 MW to be online by the end of 2016
Aurora, which is owned by EGPNA subsidiary Aurora Distributed Solar, LLC, will consist of 16 PV plants with a total installed capacity of 150 MW and will be able to generate over 210 million kWh of solar power annually – equivalent to the energy consumption needs of over 17,000 U.S. households. All 16 PV sites are expected to be online by the end of 2016.

Overall investment totaling approx. USD 290 million
According to Enel, the construction of the Aurora solar project will require an overall investment of approximately 290 million USD. The investment will be partly funded through a capital contribution agreement with State Street Bank and Trust Company in the amount of 140 million U.S. dollars. The Aurora solar project has a long-term power purchase agreement (PPA) with utility Xcel Energy in Minnesota.
The project features a distributed solar design that consists of the installation of multiple small-scale PV sites and delivers a range of benefits, including a reduction in line loss, elimination of transmission costs and geographic diversification of generation assets.
Each of the 16 solar facilities will utilise linear axis tracking devices to maximise efficiency and production, and will be interconnected into the off-taker’s distribution system, providing energy and capacity to the local distribution network. Together the sites will create approximately 400 construction jobs at the peak of the building process. 
http://www.solarserver.com

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