CIM brings 250MW US PV project online

• Aquamarine is the initial utility-scale development within the 2700MW Westlands Solar Park

CIM Group has actually brought its Aquamarine 250MW project online, the very first utility-scale advancement within the 20,000-acre Westlands Solar Park (WSP).

Building and construction of Aquamarine started in 2020 as well as wrapped up at year-end 2021, in a timely manner and on budget, at which time it began adding renewable energy to the California grid.

WSP is among the biggest permitted solar parks in the United States, with the capability to grow to greater than 2700MW of renewable energy at complete buildout as well as with the potential to provide clean energy to greater than 1,200,000 residences.

The master-planned WSP incorporates greater than 20,000 acres in California's San Joaquin Valley in western Fresno as well as Kings Counties and also is made to be established as several projects to fulfill the requirements of public as well as private utilities, businesses and also other energy consumers.

CIM Group prepares for starting building of additional solar projects within WSP in 2022.

Its co-founder and major Avi Shemesh stated: "CIM Group's commitment to becoming a source for renewable resource, such as at Aquamarine and the future projects within Westlands Solar Park, aligns with our company's overarching directive, to meet the demands of areas.

" We prepare for that approximately $3bn (EUR2.6 bn) will certainly be purchased creating projects within Westlands Solar Park as we complete develop out, continuing the creation of clean energy building jobs, economic advancement throughout the region as well as contributing renewable energy to meet California's clean energy goals."

Aquamarine is currently producing power for the California grid and also delivering on its formerly carried out PPAs with the Sacramento Municipal Utility District for renewable resource credit reports associated with 75MW of capability

It additionally holds a 50MW agreement with Valley Clean Energy Alliance, and also with the City of Santa Clara, CA (Silicon Valley Power) for renewable resource credit reports related to 75MW of capability.

CIM Group is presently negotiating additional PPAs with various other potential counterparties for Aquamarine and also future projects within WSP.