Energy Generation

96,750 KWH

Company

Sunpin Solar

Project Location

Mecca, CA

Project Information

The Colgreen Northshore Project is a 96.7 MWdc installation with the capacity to power as many as 22,300 homes annually. Though the project is currently operating successfully and positively impacting communities and the environment, it was once considered an impossible mission due to many obstacles and setbacks.

Scope of Project

The ColGreen North Shore Solar Project’s 96,750 kW capacity not only reduces energy costs, but it also helps meet community and sustainability goal. It entered into an innovative index structured PPA where the energy offtaker purchases the energy at a wholesale rate and SRECs at a fixed price. This structure serves the needs of both power buyer and the project investor :

·A fixed-price SREC contract ensures investors stable revenue throughout the project's operation.

·The index structure lets energy offtakers buy SRECs without a fixed energy price commitment.

·Purchasing this project’s clean electricity supports renewable energy, offsetting emissions equal to 32,000 vehicles yearly.

·The local community benefits with 425 jobs created at peak construction.