Conergy is providing development, EPC and O&M services, along with assistance in securing financing. The 1.5 acre site (6070.2 square meters) will use Conergy P modules and Conergys SolarLinea driven-pile ground mounting, and will annually produce 470,000 kWh of solar energy.
Using an operating lease financing structure, the power plant will provide the ranch US$2.6 million in utility savings over the next 25 years. "By implementing a solar power plant we are able to turn our energy costs into predictable fixed costs. By hedging against rising utility rates, we can increase our profitability, have better cost control and improved forecasting capabilities," says Keith Gardiner, Managing Partner of Bear Creek Ranch.
"Working on many agricultural solar energy projects, Conergy has the insight and experience to develop cost effective solutions for the unique challenges this sector faces, such as being heavily dependent on electricity to irrigate crops. We are pleased that we can apply this experience to the development of Bear Creek Ranchs solar power plant development," adds Conergys David Vincent, Project Development Manager.
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.
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.