Greentech Lead America: Southern Company and Turner
Renewable Energy have jointly acquired 20 -MW solar photovoltaic power plant in
Nevada from SunEdison. SunEdison built the plant and will be responsible
for ongoing operations and maintenance for the facility.
Southern Company and Turner Renewable Energy have been
partners since January 2010. They have formed a strategic alliance to
pursue development of renewable energy projects in the United States.
“We created this partnership to explore large-scale
solar power generation projects to expand the technology’s viability as a
commercial-scale provider of electricity. Acquiring this facility is another
positive step in that direction and Turner Renewable Energy is excited to be a
part of this effort to provide clean, renewable energy in Nevada,”
said Turner founder of Turner Renewable Energy.
The Apex Solar Project is located on a 154-acre site in
the City of North Las Vegas in Clark County, Nev. The
electricity generated by the plant will be sold to through a 25-year power
purchase agreement with Nevada Power Company, a wholly owned unit of NV
The project consists of approximately 88,000
poly-crystalline solar modules provided by Trina Solar. The plant is
expected to go online by the third quarter of 2012.
With the plant’s output covered by a long-term contract,
the Apex Solar Project is a natural fit with Southern Company’s overall
business strategy and risk profile.