Holy Cross Energy Announces Two New 5-Megawatt Solar Projects
Expanded Renewable Energy program will offer utility-scale solar to members
GLENWOOD SPRINGS, CO – Holy Cross Energy (HCE) today announced it has accepted proposals for two, new utility-scale solar projects to be built within its service territory over the next eighteen months. Each 5-megawatt (MW) project will produce enough electricity to serve the annual electric needs of 900 homes, helping HCE to further increase its renewable energy share and reduce future greenhouse gas emissions.
“These two new solar projects are part of our continued commitment to providing reliable, affordable and increasingly cleaner electricity to our members and the communities we serve”, said Megan Gilman, Chair of HCE’s Board of Directors. “Not only will these projects help us further reduce our environmental impact, but they will also provide a consistent, cost-effective source of power supply for years to come.”
Cypress Creek Renewables, a leading national solar energy company will build a utility-scale solar array for HCE on 30 acres just south of Gypsum, Colorado. "Cypress Creek is thrilled to be partnering with Holy Cross Energy and the local community to bring more clean, affordable solar energy to the state of Colorado. It is exciting to see Holy Cross Energy and other electric cooperatives throughout Colorado meeting the growing customer demand for renewable energy,” said Cypress Creek Renewables CEO Matthew McGovern.
RES Distributed, LLC (RES), a leader in the development, construction, and operation of wind, solar, transmission, and energy storage projects, will work with Aspen Consolidated Sanitation District (ACSD) to develop a solar array on ACSD’s land in the Roaring Fork Valley. “We view this as an opportunity to fulfill our financial and environmental goals while supporting clean power for the entire community. We look forward to finalizing the details with RES and HCE,” said Bruce Matherly, District Manager of ACSD.
HCE will make the output from these new solar projects available to its members through an expanded Renewable Energy purchasing program that provides HCE members with the option to purchase sustainable energy for some or all of their electricity use each month. For a small incremental cost, HCE members will now have the option to purchase renewable energy from these two local solar projects in addition to the Colorado produced wind and hydropower projects previously available.
“We’re excited to be able to bring these new utility-scale solar projects to our members,” said HCE President and CEO Bryan Hannegan. “In addition to providing clean, affordable electricity, these local projects will also use new technologies to help improve the reliability and resilience of our electric grid.”
The two new 5 MW solar projects are expected to come online by the end of 2018, subject to negotiations among the partners. HCE expects to start taking sign-ups for its expanded Renewable Energy program within the next few weeks; interested members should visit holycross.com for additional details.
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