A $46 million solar project in California’s Imperial Valley will be built by Citizens Energy Corporation following yesterday’s unanimous vote of the local utility’s board of directors.
Boston-based Citizens Energy will own and operate the 30 MW project currently being constructed on 200 acres of land leased from the Imperial Irrigation District (IID), a publicly-owned utility. Under IID’s ‘eGreen’ programme, based on a community-shared solar model, affordable power will deliver significant savings to 15,000 low-income households.
“We believe all customers should have a choice and an opportunity to support and benefit from locally produced renewable energy” said IID Board President James Hanks. “It has been our belief for quite some time now that a program such as this could be beneficial for all of our customers. I’m very pleased that we were able to put together a deal with Citizens that will turn this into a reality.”
Following the board’s vote on Tuesday, IID agreed to purchase two-thirds of the project’s power. The remaining power will be purchased by a Citizens Energy subsidiary, Citizens Sunrise Transmission, using profits from its state in the $1.8 billion Sunrise Powerlink high-voltage transmission line. All of the power will be allocated at cost to qualified low-income households served by IID. Citizens Energy’s charitable investments in the Imperial Valley thus far have focused on residential rooftop solar systems. Under the eGreen programme, the non-profit will be able to reach more families in need and provide them with a greater benefit.
Citizens Energy Corporation has nearly a decade of experience developing solar projects through its Citizens Solar division as well as expertise running major charitable programs over four decades. With a $225 million portfolio of over 30 completed utility-scale solar projects and a robust development pipeline, Citizens Energy is well prepared to take on this project. The company’s solar projects represent 86.1 MW of solar capacity and produce enough electricity to offset 89,000 tons of carbon annually.
Citizens Energy Corporation is a Boston-based non-profit founded by former Congressman Joseph P. Kennedy II. Under Kennedy’s leadership as chairman and president, Citizens Energy has compiled a 40-year history of channelling revenues from successful energy ventures in oil, natural gas, electricity trading, energy efficiency and conservation, transmission, wind power and solar arrays to programs that help the poor.
Imperial Irrigation District is the third largest power provider in California and manages more than 1,000 MW of energy derived from a diverse portfolio of resources, including solar, geothermal, biomass, small hydro and natural gas.