Silicon Ranch Corporation, an impartial power producer and a community-focused renewable energy firm, Bolivar Energy Authority (BEA) and Tennessee Valley Authority (TVA) have opened the three.25-MW AC Bolivar Solar Farm in Hardeman County, Tenn.
The solar facility will present sufficient solar energy to power greater than 500 properties and assist preserve charges low for BEA’s greater than 11,000 prospects.
In 2020, TVA started providing native power corporations (LPCs) the pliability to fulfill a portion of their power wants with producing sources via its technology flexibility program. As one of many first LPCs to execute a take care of TVA below these new phrases, BEA selected Silicon Ranch as its associate for the solar venture to assist preserve charges as little as potential.
“As a public power utility in the fifth largest county in Tennessee, BEA is extremely pleased to offer our community a low-cost, reliable energy solution from trusted local partners,” says Tony Kirk, BEA president and CEO. “TVA is enabling us and LPCs across the valley to do just that through its generation flexibility program by providing our community with the opportunity to partner with dependable, renewable energy providers like Silicon Ranch to procure local energy solutions.”
On behalf of BEA and TVA, Silicon Ranch funded building and can personal, function and keep the solar facility throughout its lifetime, an strategy the corporate takes with each venture it develops.
The Bolivar Solar Farm was supported by the USDA via its Rural Energy for America Program initiative, which supplies assured mortgage financing and grant funding to assist agricultural producers and rural small companies with renewable energy programs and energy effectivity enhancements.