Standard Solar has acquired the 25 MW Windhub Solar B solar project from Balanced Rock Power (BRP), located in Kern County, Calif.
Interconnecting with the Windhub Substation, the solar project will supply clean energy to Southern California Edison.
“This acquisition is another example of our successful partnerships with innovative developers like BRP, allowing us to bring high-quality solar projects to market efficiently,” says Mike Streams, chief development officer of Standard Solar.
“It also aligns with our strategy of acquiring high-quality projects developed by utility-scale developers in the 20 to 75 MW range. Our expertise and appetite for these types of acquisitions enable us to strategically expand our clean energy portfolio and provide dependable, sustainable power to the grid.”
Located to address energy delivery challenges in the Mojave area, the ground-mount solar project will span 160 acres, with 112 acres dedicated to the solar array. A portion of the land will be preserved to safeguard a native Joshua Tree grove.
Project construction is slated to begin next year.
EOS Capital Advisors supported BRP in this acquisition by providing sell-side advisory services.
The post Standard Solar Acquires 25 MW California Presence Solar Project appeared first on Solar Industry.
Renewable Energy
Ask a Pro
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.
Renewable Energy
Solar PV in Spain
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
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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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