CIM Group's 250-MW Aquamarine solar project set for completion this autumn
- CIM Group's 250-MW Aquamarine solar photovoltaic or pv project, part of the initial stage of its Westlands Solar Park (WSP), will certainly be fully functional by Loss 2021.
The project is on track to fulfill its acquired distribution of 50 MW of capability to Valley Clean Energy Alliance, which carried out an agreement with WSP in early 2020. Valley Clean Energy is a locally-governed power service provider for the California cities of Davis, Forest, Winters and also unincorporated sections of Yolo Area.
" Our team believe Westlands Solar Park is preferably positioned to be a leader in California's program to minimize the state's carbon impact and also satisfy its Renewable Portfolio Specifications targets. With Aquamarine advancing to complete procedure before year-end, we are recognizing our vision for Westlands Solar Park to become a major clean energy provider as well as meeting a significant commitment in our business's recurring sustainability program," said Avi Shemesh, co-founder as well as principal, CIM Group. "With Aquamarine and the future phases of Westlands Solar Park, we likewise are bringing tidy energy jobs to the area and also creating income for the city government and also area companies."
WSP has the possible to produce 400 clean energy jobs, for both building as well as operations, under a union labor arrangement controling the entire project. WSP is likewise positioned to produce straight as well as indirect revenue such as local tax obligations, buying and supplementary costs.
"With the brewing conclusion of Aquamarine, we are in active conversations with various entities to supply the clean energy that is vital to satisfying the brief- and also long-lasting goals for renewable energy-- vital to enhancing areas," Shemesh said.
Aquamarine lately participated in a 75-MW power acquisition contract (PPA) with Santa Clara, signing up with various other off-takers Anaheim Public Utility, as well as is presently negotiating extra PPAs with other possible counterparties.
WSP has the ability to expand to greater than 2,700 MW of renewable energy at full buildout as well as the potential to provide tidy energy to more than 1,200,000 residences. The master-planned energy park encompasses greater than 20,000 acres in California's San Joaquin Valley in western Fresno and also Kings Counties. CIM is repurposing selenium-contaminated and also drainage damaged farmland for the development of tidy energy at WSP.