Avangrid Inc. and Portland General Electric have signed a power purchase agreement (PPA) for Tower Solar, a new 120 MW AC solar energy project now under construction in Morrow County, Ore., in collaboration with QTS and Meta.
The facility will deliver energy to Portland General Electric’s grid through Green Future Impact (GFI), a voluntary program designed to help large commercial, industrial and municipal customers meet their sustainability and carbon reduction goals through the development of new clean energy facilities.
Subscribers to PGE’s GFI program enroll in a bundled renewable energy product and receive the renewable energy certificates (RECs) associated with the energy generated from the new facility. PGE’s subscription pricing is designed to avoid cost shifting to non-participating customers.
Under PGE’s GFI program, QTS, a data center solutions provider, is developing a data center campus to support Meta’s operations in the region that will be supported by energy from Tower Solar, helping to meet Meta’s sustainability and 100% renewable energy goals.
“The Green Future Impact program allows PGE to partner with our largest customers like QTS to meet their ambitious sustainability goals through local clean energy,” says PGE’s Brett Greene. “Through GFI, our largest customers can fund the development of the renewable resources they need while supporting green jobs and revenue for Oregon communities.”
Tower Solar will be located just west of Boardman and located on about 900 acres of industrially zoned land owned by the Port of Morrow near the Boardman Airport. The project will utilize more than 200,000 solar panels.
At the peak of construction, Avangrid expects Tower Solar to create more than 200 jobs, the vast majority of which will be sourced from the region. Tower Solar is expected to pay about $20 million in combined PILOTs (payment in lieu of taxes) and property taxes.
Avangrid is the leading supplier of renewable energy to PGE’s Green Future Impact program, including from Pachwáywit Fields, Oregon’s largest operating solar facility, and the Daybreak and Bakeoven solar farms, which are currently under construction.
Together with Tower Solar, the current combined capacity of the Green Future Impact program facilities will be 482 MW AC.
Tower Solar will become Avangrid’s sixth solar facility in Oregon once construction is complete in 2026.
The post Oregon Utility Signs on to Back 120 MW Solar Development appeared first on Solar Industry.
I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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