(Bloomberg) — Green Power EMC, a distributor of renewable
energy, agreed to buy the output of a 52-megawatt solar array
built by Silicon Ranch Corp.
Green Power has agreed to a 30-year contract that will
cover the electricity needs of about 8,500 households, the
Georgia-based company said in a statement Wednesday. Terms
weren’t disclosed.
Construction on the facility near Hazlehurst, in southeast
Georgia, is expected to begin in late 2015 and it’s scheduled to
be operational in the third quarter of next year, Green Power
said.
Green Power has a similar agreement with Nashville,
Tennessee-based Silicon Ranch for power from a nearby 20-megawatt solar project.
To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Carlos Caminada, Robin Saponar