SPG Solar completes solar installation for Californian dairy farm

Share

The system, which should reduce the farm’s energy bill by 75 percent, will produce energy to power a milking barn, corral lighting and fans, and manure and irrigation equipment.

Covering four acres, SPG Solar both designed and installed the system, which is comprised of 3,240 Suntech solar modules and two Solaron inverters.

Commenting, Mike Monteiro, the dairy’s owner said: "The recent volatility of milk prices has underscored the importance of hedging our input costs. The solar energy system will help us fix our energy costs and hedge against long term increases in utility power rates."

The financing for the installation was provided by Rabobank, N.A. and is structured as such that it aims to have a positive impact on the Lakeside Dairy’s cash flow. "By combining the savings from lower utility power bills with federal and sate incentives, Rabobank structured the term loan to potentially be cash flow positive throughout the lifetime of the loan," said Rabobank’s Gianluca Signorelli.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.