American Municipal Power, Inc. (AMP) and Standard Energy, LLC, an affiliate of Standard Solar, announced an agreement to develop up to 300 megawatts (MW) of photovoltaic solar power.
The 30-year agreement has the potential to yield one of the largest groups of solar electric facility developments in the U.S.
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 President/CEO Marc Gerken said: “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.”
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