Jan 31 2011
Nautilus Solar Energy declared that it has entered into the Florida solar development market with the takeover and expansion of two distributed type of solar power production projects and development of an undeveloped utility level solar project.
Presently, the company is building a 131 kW sol PV project called the Green Cove at the Regional Airport, and a 352 kW rooftop solar power generating system over the Exchange Shopping Center. The Green Cover Solar Project is being erected over two hangers of RD Air Services and each hanger will support around 273 solar panels providing a total power generation of 65.52 kW. The Exchange solar project is getting completed over the rooftop of Stafford Property. When completed the 1,500 solar panels will produce adequate power to supply 40 to 50 houses in the area.
The Real Thing and Bright Path Energy were involved in the early development of the project and currently Inman Solar has taken over the project and building it. Nautilus Solar has entered into a power purchase agreement with Gainesville Regional Utility (GRU), a local utility company, to trade the power generated from the installations under its Feed-in-Tariff program. The signed accord will enable Nautilus to sell the generated power to GRU at a fixed price for a period of 20 years. Nautilus is looking forward to complete the construction of both the projects by the end of April 2011.
The company is developing a 10 MW solar project, which has already completed its environmental appraisal. The project will have ground- based 10 MW single axis type of solar tracking system. The project in addition to bringing in $45-50 million in investment for the county also will provide instructive and guidance opportunities for students in collaboration with Taylor Technical institute.
As per the set EPA standards of the U.S.A, the two Gainesville project will generate around 637,939 kWh of clean power. The power generated from the project can be equated to offsetting of around 458 metric tons of carbon dioxide every year or taking 88 cars away from operating on the roads.
Source: http://www.nautilussolar.com