Thursday, October 23, 2014

SunEdison 1.7 MW Rooftop Solar Project Powers Southern California Edison, Profits Landlord

BELMONT, CA --(eSolarEnergyNews)--  SunEdison, a leading global solar technology manufacturer and provider of solar energy services, today announced the completion of a 1.7 MW DC roof-mounted solar photovoltaic (PV) system in Hesperia, California that will both provide power to Southern California Edison (SCE) and benefit the landowner, real estate developer ICO Group. SCE is purchasing the energy via a 20 year power purchase agreement (PPA) as part of its Solar Photovoltaic Program (SPVP), aimed at advancing solar energy generation. Under the program, the facility owner benefits by leasing its rooftop.

"This facility is further proof of our ability to make solar a win/win solution," said Bob Powell, president SunEdison North America. "Whether you're a utility looking for an established player to meet specific requirements on schedule, or a landlord looking for new revenue streams, SunEdison has the experience and track record to deliver."

"SCE is proud to continue to support the development of solar distributed generation in California and appreciates the contribution this project will have to helping SCE meet the State's energy goals," said Nicole Neeman Brady, director of energy procurement at Southern California Edison.

The Hesperia facility is the second SPVP project SunEdison has completed with SCE, with nine more projects currently under development. SunEdison is the only company to win and sign projects in all three rounds of the program as part of a competitive RFP process. SunEdison has now completed 382 projects in California, contributing over 489 MW of clean energy capacity to the people of the Golden State.

Panasonic Completes Solar Installations for Hertz at Denver and St. Louis International Airports

NEWARK, N.J.--(eSolarEnergyNews)--  Panasonic and Hertz Corporation  announced the completion of two solar power installations at Hertz Rent-a-Car facilities at Denver and St. Louis International Airports. Panasonic is also building solar installations for Hertz at Newark Liberty International Airport in NJ, expected to be completed later this year, and will start construction for Hertz at John F. Kennedy Airport in NY in 2015. When completed, Panasonic's total installed solar capacity at the four Hertz airport locations will reach 1 megawatt of clean energy. The electricity generated by the installations will be used to power Hertz customer service areas and other nearby Hertz buildings.

"Significant solar projects have financial and structural complexity, but sustainable leaders such as Hertz understand they pay off in cost savings, and with a carport solar canopy provide a strong visual sign of the company's commitment to clean energy," said Panasonic Enterprise Solutions' Jamie Evans, Eco Solutions Managing Director.

"Hertz has a long standing goal regarding sustainable business practices and these new solar installations play an integral part in fulfilling that commitment," said Todd Poste, Executive Vice President, Supply Chain Management for Hertz. "With Hertz's latest solar expansion, we will increase our renewable energy generation while continuing to reduce costs companywide."

At Denver, Panasonic mounted 1,116 solar panels for Hertz; the 262-kilowatt installation is expected to generate approximately 335,000 kilowatt hours of electricity in its first year in operation, equivalent to the amount of energy used by about 33 homes over 12 months. At St. Louis, Panasonic built a 152-kilowatt solar system, designed to generate 187,000 kilowatt hours of energy in its first 12 months of operation. For Newark Liberty International Airport, Panasonic designed a 299-kilowatt photovoltaic system which is expected to generate about 331,000 kilowatt hours in its first year in operation. For the Hertz Rent-a-Car facility at JFK International Airport, Panasonic designed a 318-kilowatt solar carport installation, planned to generate 396,000 kilowatt hours of power in its first year.

Also in New York, for leading retail property owner and developer Macerich Company, Panasonic is already in the process of building a shopping center solar installation, one of 11 solar projects at Macerich shopping centers nationwide, which are expected to yield up to 10 megawatts of clean energy. For the Conrad N. Hilton Foundation, Panasonic installed a solar parking lot canopy to deliver 115 kilowatts of renewable energy to the Agoura Hills, California headquarters of the foundation.

At Solar Power International 2014 in Las Vegas, Panasonic's Jamie Evans spoke about the challenges to going green—whether it is upfront cost, complex financial structures, or the need to secure strong, reliable partners at every phase of solar development—in a case study style panel entitled Simplifying Sustainability: Eliminating the Barriers to Solar Success.

SPI Solar Announces Agreements With GD Solar to Acquire and Develop Multiple PV Projects

ROSEVILLE, CA.--(eSolarEnergyNews)--Solar Power, Inc., a vertically-integrated photovoltaic, or PV, developer, today announced that it has entered into several agreements with GD Solar, a leading supplier of solar and other renewable energy solutions—to acquire existing PV projects from GD Solar and develop new PV projects with GD Solar.

Mr. Xu Zhong, General Manager of GD Solar, said, "We are excited to announce this strategic partnership. SPI Solar has demonstrated its ability to rapidly scale in the China PV market. We look forward to partnering with SPI on these projects and achieving mutual success.”

Mr. Xiaofeng Peng, Chairman of SPI, added, “We are pleased to announce these agreements with GD Solar, a major player in clean energy solutions. We plan to leverage our unique strengths to grow our businesses and expand our roles in the development of PV power in China. We are excited to work with GD Solar to strengthen our leading position as one of the largest PV development companies in this market.”

The agreements with SPI Solar, GD Solar and its affiliates call for the following:

  •     A cooperation framework agreement pursuant to which SPI Meitai Suzhou will have a right of first refusal to purchase projects under construction from GD Solar. SPI Meitai Suzhou and GD Solar will also cooperate to develop an additional 500 megawatts (“MW”) of PV projects in China each year from 2015 to 2017, for a total of 1.5 gigawatts (“GW”). SPI Meitai Suzhou will develop, finance and hold the equity interests in the new PV projects and GD Solar will provide EPC and related services to the new projects.
  •     A definitive agreement, pursuant to which SPI Meitai Suzhou will acquire a total of 100 MW of operating projects in Jinchang City, Gansu Province, from an affiliate of GD Solar, for an aggregate purchase price of RMB960 million, consisting of a combination of cash and SPI Solar’s ordinary shares. A portion of the purchase price will be used to pay for EPC services rendered by GD Solar in the development of these projects.
  •     A definitive agreement, pursuant to which SPI Meitai Suzhou will acquire a total of 10 MW of operating projects in Chaoyang City, Liaoning Province, from an affiliate of GD Solar, for an aggregate purchase price of RMB100 million in cash. GD Solar has provided EPC services to these projects. A portion of the purchase price will be used to pay for EPC services rendered by GD Solar in the development of these projects.
  •     A definitive agreement for the acquisition of a total of 50 MW of operating projects in Xinghe County, Inner Mongolia, from an affiliate of GD Solar, for an aggregate purchase price of RMB515 million, consisting of a combination of cash and SPI Solar’s ordinary shares. A portion of the purchase price will be used to pay for EPC services rendered by GD Solar in the development of these projects.

MGM Resorts International and NRG Energy Celebrate the Installation of the World’s Largest Convention Center Solar Array

LAS VEGAS, NV--(eSolarEnergyNews)--NRG Energy and MGM Resorts today announced the completed installation of the world’s largest rooftop solar array on a convention center. Covering approximately 20 acres atop the Mandalay Bay Resort and Casino, the 6.4 megawatt (MW dc) [5.0 megawatt ac (MW ac)] photovoltaic array will produce enough electricity to power the equivalent of approximately 1,000 U.S. homes annually and is the first of its kind on the Las Vegas Strip.

In conjunction with the celebration, MGM Resorts and NRG also announced plans to build an additional 2 MW dc (1.5 MW ac) photovoltaic array atop a future expansion of the Mandalay Bay Convention Center, scheduled to begin construction later this year.

“Today marks a major milestone for MGM Resorts, NRG and the entire Las Vegas community,” said Jim Murren, Chairman and CEO of MGM Resorts International. “The completion of this solar array demonstrates our steadfast commitment to the principles of environmental responsibility, and the announcement of the second array reinforces that we’re always looking to do more.”

Once completed, the combined solar installation is expected to provide pricing stability and reduce energy draw from the southern Nevada grid during the hottest time of the day which is also peak electricity demand. The project is estimated to displace approximately 6,300 metric tons of carbon dioxide (CO2), which is the equivalent of taking more than 1,300 cars off the road.

“As one of the largest providers of renewable energy solutions in North America, we’re delighted to be the chosen partner of MGM Resorts to take this giant leap forward and join their longstanding legacy in environmental stewardship,” said Tom Doyle, President and CEO of NRG Renew. “NRG envisions a thriving, sustainable future powered by renewable energy. We look forward to continuing our partnership with MGM in bringing competitively priced, clean energy to Mandalay Bay through the second solar array of this project; further supporting their commitment to reducing energy costs.”

“Together, MGM Resorts and NRG are an excellent example of private sector companies working together to develop innovative technologies that protect our planet’s most precious resources,” said Nevada Senator and Senate Majority Leader Harry Reid. “I applaud MGM and NRG for leading the way for other businesses to embrace environmental best practices, and demonstrating that it’s good for business.”

“The rooftop solar installation at Mandalay Bay significantly advances our resort’s commitment to being a leading sustainable destination for conferences and conventions,” said Chuck Bowling, President and COO of Mandalay Bay. “Partnering with a progressive company like NRG to achieve this milestone reinforces our commitment to promoting renewable energy and protecting the planet’s limited resources as supported by our Green Advantage sustainability initiative that has already decreased our energy load by over 14 percent since 2007.”

NRG financed, constructed, owns and operates the installation for MGM Resorts at Mandalay Bay Resort and Casino. Through a Power Purchase Agreement (PPA), Mandalay Bay Resort will purchase all the electricity generated by both solar arrays.

OneEnergy Renewables Develops 4.3 MW Solar Energy System with Constellation for National Aquarium

BALTIMORE & SEATTLE--(eSolarEnergyNews)--OneEnergy Renewables, a leading developer of distributed, utility-scale solar photovoltaic (PV) projects, and Constellation announce the development of a 4.3 MW solar electric project located on the Eastern Shore of Maryland. The off-site system, which is part of an innovative electricity supply agreement between Constellation and the National Aquarium, will provide power for approximately 40 percent of the Aquarium’s electricity requirements for the next 25 years.

OneEnergy’s Purpose-Built Solar™ program, which connects large electricity users with custom-built, off-site solar projects, will enable the National Aquarium to procure power from Constellation at a fixed price equal to the amount of power generated by the solar facility. By avoiding the size constraints of the National Aquarium’s roof, OneEnergy was able to tailor the project to better meet the Aquarium’s unique energy and financial profile. Constellation will finance, build, and own the system.

“To date, corporate and institutional customers have primarily adopted solar through on-site, net-metered systems,” said Bryce Smith, CEO and co-founder of OneEnergy Renewables. “With Purpose-Built Solar, organizations like the National Aquarium can now access solar power at scale and enjoy the economic benefits that only large, optimally sited projects offer. Direct engagement with grid-connected projects is redefining how large electricity customers will go solar."

The Constellation solar project is estimated to reduce grid-related CO2 emissions by more than 4,409 tons, annually, the equivalent emissions from 842 passenger vehicles, according to U.S. Environmental Protection Agency data.

“This project with OneEnergy Renewables and Constellation really allows us to 'walk our talk’ as a conservation organization," said John Racanelli, CEO of the National Aquarium. “Now, a significant percent of our electricity will come from clean, renewable energy. We hope this will help set a precedent for supporting large-scale, off-site projects and inspire others to take action.”

“Constellation is proud to support the National Aquarium’s energy and environmental goals,” said Brendon Quinlivan, director of solar development at Constellation. “This project with OneEnergy Renewables is an example of our commitment to developing products and services that give customers greater flexibility in managing their energy costs while supporting the use of clean, renewable energy.”