SunEdison, Inc. today announced that it has completed construction of a 6MW AC solar power plant that will supply electricity to Lakeland Electric through a 25-year power purchase agreement.
The Bella Vista solar power plant is expected to generate approximately 14GWh of electricity each year, enough to power more than 1,300 homes and avoid the emission of 21 million pounds of carbon dioxide, the equivalent to removing more than 2,000 cars from the road.
"Lakeland Electric is a forward thinking, pragmatic utility company," said Paul Gaynor, SunEdison's executive vice president of the Americas and EMEA. "With the Bella Vista solar project, and two other projects that are currently being developed, Lakeland and its customers will have access to clean, reliable, and cost-effective energy for years to come. By the end of the first quarter of 2016, we expect to have finished all six projects for Lakeland Electric, completing their 24MW solar portfolio."
"SunEdison has consistently been a leader in renewable energy development," said Joel Ivy, Lakeland Electric's general manager. "Our customers told us they wanted renewable energy and our partnership with SunEdison ensures this happens on time and on budget. We are excited to expand our portfolio with clean, reliable renewable energy, which will enable us to give our customers predictably priced low-cost electricity for years to come."
TerraForm Power, Inc. acquired this project upon completion from its Call Right Projects list. Operation and maintenance of the solar system will be performed by SunEdison Services.