Clean Energy Collective Powers Up Three More Utility-Scale Community-Owned Solar Facilities
Solar ownership soon accessible to more than 95% of Colorado ratepayers.
Ideas get bigger when you share them...
BOULDER, COLO. - October 16, 2013 (Investorideas.com renewable energy stocks newswire) Three new community-owned solar PV facilities by community solar pioneer Clean Energy Collective (CEC) began delivering power to ratepayers in Colorado this week, bringing to 10 the number of shared utility-scale arrays operating in the state. An additional 10 facilities, about 5 MW, are in the development pipeline for Colorado.
The resort town of Breckenridge , Colo. is now host to two 500 kW community-owned solar facilities that will serve Xcel Energy customers in Summit County . Both systems were sold out before construction was complete. A 400 kW community-owned system perched on a former Air Force hangar is also now delivering clean power to Denver County ratepayers. Combined with the 106 kW original array on the historic Hangar 2 building, this creates the nation's largest building integrated PV (BIPV) installation at over 500 kW.
Introduced in 2010, CEC's community-owned solar model (COS) was designed to provide every ratepayer in a utility territory the opportunity to purchase individual solar panels in a shared, locally-sited, utility-scale array. This innovation opens up solar PV ownership to renters, people in multi-dwelling buildings, properties with poor solar exposure, and individuals of all income levels. Because they are sited and maintained for maximum production, utility-scale facilities provide more energy for longer than smaller, individual systems, allowing for a faster and greater financial return.
"Our model is not supplanting people who want to and can put solar on their house, but rather opening the market to the other 75% of electric users who have until now faced insurmountable barriers,” said CEC founder Paul Spencer.
While community solar makes PV energy available to everyone on the grid, real traction for rapid deployment has come from its broad appeal for utilities. Large IOU's, municipal utilities, and rural cooperatives can add solar to their mix with a turn-key solution. It provides in-network, reliable, utility-scale clean energy generation at reasonable power rates that applies nicely to RPS requirements without capital outlay or responsibility for monitoring, customer administration, operations and maintenance.
CEC has partnered with six utilities so far in Colorado, including 11 facilities rewarded through Xcel Energy's Solar*Rewards Communities program. Once complete, access to solar ownership will be available to more than 95% of Colorado ratepayers. CEC has also installed the state's first community-owned solar gardens for New Mexico , Minnesota , and Vermont , and has topped $40 million in facility developments.
"CEC has cracked the code, opening a consumer solar market that is four-times larger than the onsite solar marketplace as we have traditionally known it,” said Nikhil Garg, Vice President of Black Coral Capital, a Boston-based investment firm focused on cleantech and alternative energy.
About Clean Energy Collective (CEC)
Colorado-based Clean Energy Collective is a developer of community-based renewable energy facilities and a national leader in community power generation. CEC pioneered the model of delivering clean power-generation through utility-scale facilities that are collectively owned by participating utility customers, establishing the first community-owned solar garden in the country near El Jebel , Colorado . Today, CEC has 23 community-owned facilities online or in development, representing more than 10 MW of community-sited clean energy. www.easycleanenergy.com
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