By Gary Thomas
Recurrent Energy, a developer of solar project in North America, has declared that the company has started commercial operation on its three solar photovoltaic projects situated in Sacramento County.
Currently, the Municipal Utility District (SMUD) receives 50 MW of clean electricity from these three solar projects.
According to Recurrent Energy’s CEO, Arno Harris, the completion of these solar projects is due to the strong renewable energy policy and the committed work of all participating teams. The projects show the company’s expertise in the development of flexible utility-scale solutions in a short time and enable attainment of a clean energy future.
The company anticipates that the three solar photovoltaic projects, which are sited near the cities of Elk Grove, Galt and Sloughhouse, may produce approximately 90,000,000 kWh during the initial year of operation at the project. This power production is equivalent to the consumption of electricity of over 7,000 homes in the United States.
The three solar projects are included in the four-project portfolio and were the initial projects that came into operation through SMUD's feed-in-tariff (FIT) campaign, which was launched during January 2010. The fourth solar project may begin operation in the later part of 2012, as it is being constructed.
SunTap Energy and Google, a joint venture established through Kohlberg Kravis Roberts (KKR), made a considerable investment in these solar projects. KKR is interested to invest in the US solar projects.
Source: http://www.recurrentenergy.com/