EDF and also ODEC Announce Increased Portfolio of Distributed Solar Projects

Mar 18, 2020 02:46 PM ET
  • ODEC and also EDF Renewables North America have actually revealed a boost to a formerly revealed collaboration to create a profile of dispersed solar projects
EDF and also ODEC Announce Increased Portfolio of Distributed Solar Projects
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Old Dominion Electric Cooperative (ODEC) and also EDF Renewables North America have actually introduced a boost to a formerly introduced collaboration to establish a profile of dispersed solar projects throughout ODEC participant solution regions in Virginia, Maryland, and also Delaware.

The 15 projects, anticipated in service in 2021, will certainly produce greater than 60 megawatts (MWac) of regional solar power to ODEC participant areas while at the same time giving local and also power diversity to the cooperative's generation profile.

Myles Burnsed, vice head of state of Strategic Development for EDF Renewables stated, "EDF Renewables enjoys to broaden our company with ODEC as well as NRCO, that are currently taking a lasting sight by selecting regional solar power. This selection reinforces their power self-reliance as well as shows to companies throughout the country that can figure in and also conduct organisation as typical as feasible in these unmatched times."

ODEC initially authorized an arrangement with EDF Renewables in 2019 for 30 MWac of solar energy on 10-12 potential websites. The power produced will certainly be acquired by the participating at a set price via Power Purchase Agreements (PPA) hence offering power price guaranty for its participants.

EDF Renewables was selected as ODEC's companion with an affordable RFP which was led as well as taken care of by National Renewables Cooperative Organization Inc. (NRCO). Under the contract, EDF Renewables is accountable for the advancement of 15 websites consisting of all allowing authorizations and also needs in addition to the layout, design, as well as appointing of the solar projects.

" ODEC is thrilled to include in our varied supply of low-cost, tidy power with these solar projects," stated Marcus Harris, President as well as CEO of ODEC. "Our cooperative is devoted to broadening renewable resource generation as part of our on-going dedication to giving our member-owners with secure, budget-friendly, dependable, as well as lasting power."

Headquartered in Glen Allen, Virginia, ODEC is a not-for-profit, member-owned, power supply cooperative. It provides the wholesale power needs of its 11 participant electrical circulation cooperatives, which supply lasting, dependable, risk-free, and also cost effective power to 1.5 million individuals in 70 regions in Virginia, Maryland as well as Delaware.

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