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Gaithersburg, MD (SPX) Jun 16, 2010 American Municipal Power (AMP) and Standard Energy have announced an agreement for the development of up to 300 megawatts (MW) of new solar energy generation capacity. The 30-year agreement has the potential to yield one of the largest groups of solar electric facility developments in the country. Standard Energy partners with utilities to create regional renewable energy hubs that include solar farms, and assembly and distribution centers. These hubs service solar farms and local contractor markets for renewable energy products and solutions, resulting in sustainable economic development and job creation. Under the terms of the agreement, AMP will offer power from Standard Energy to its 128 member utilities in six states: Ohio, Pennsylvania, Michigan, Virginia, Kentucky and West Virginia. The agreement involves the installation of solar electric facilities in or near participating AMP member communities, placing the facilities close to the load these utilities serve, resulting in reduced complexities associated with Regional Transmission Organization (RTO)-run markets. Construction on the first of these projects is expected to begin this year, with construction of all facilities to be completed within five years. Locations for installation sites for future projects are still being determined. "AMP is a dynamic public power leader, with a proven record in deploying new renewable generation resources in the region," said AMP President/CEO Marc Gerken. "From undertaking the nation's largest deployment of new run-of-the-river hydroelectric generation to building Ohio's first and only utility-scale wind farm, we have a proven track record in renewable energy. This project offers the opportunity for further diversification of AMP members' generation resources and advances the use of solar technology." The agreement represents a major commitment to bring new renewable energy generation to tens of thousands of customers, as well as jobs and further diversification of power supply resources. "Standard Energy is quickly becoming the partner of choice for utility-scale renewable energy projects," said Scott Wiater, President, Standard Energy. "Leveraging our expertise through our affiliation with Standard Solar, our successful solar energy installations have brought clean energy to businesses, government and educational institutions and residences throughout the U.S."
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Sunny outlook for solar industryMunich, Germany (UPI) Jun 11, 2010 The world's biggest solar energy fair is under way in Munich, as growth continues to dominate the sector despite a reduction in government subsidies across Europe. France, Italy and Germany have reduced their feed-in-tariffs recently, leading to a flurry of short-term installations and worrisome statements by officials from the solar industry. The public outcry was loud but, in g ... read more |
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