El Paso Electric and juwi Announce New Solar Power Station to be Built in Northeast El Paso, Texas
EL PASO, Texas--(BUSINESS WIRE)--
El Paso Electric Company (EPE) and Newman Solar LLC, owned by
Colorado-based juwi solar Inc. (JSI), have signed an agreement to build
a 10 megawatt (MW) solar energy facility in Northeast El Paso, Texas
next to EPE's Newman Generation Station. JSI will be responsible for
developing, designing, building and operating the Newman Solar project.
The design phase will begin in early summer of this year, shortly
followed by construction and final completion of the project tentatively
scheduled for the end of 2014.
"Our commitment to building a portfolio that includes renewable energy
technologies in order to complement our local, clean burning natural gas
units help make overall power in our region dependable, safe and
cleaner," said Tom Shockley, Chief Executive Officer at EPE. "We
continue to look for opportunities to add cost effective solar energy
such as the Newman Solar project, which in the long run helps reduce
emissions and provide cleaner air. EPE is at the forefront in the solar
energy industry, which is fitting given our location and abundance of
the solar resources. We continue to look for the most cost-effective and
reliable resources for our customers which today is led by natural gas
resources that support and enable us to expand our solar portfolio."
The construction of the new solar facility will help power over 3,800
homes throughout the year. The facility will be built on approximately
100 acres. EPE will sublease the land in partnership with the El Paso
Water Utilities (EPWU) and currently leased to EPE for the Newman
"At EPWU, we believe strongly in creating a sustainable future for El
Paso - that's why it is important for us to support solar project
initiatives," said John Balliew, President and CEO at EPWU. "EPWU is
pleased to be involved with this project as it will provide clean energy
for our communities and will contribute to the development of renewable
energy resources in the region."
The Newman Solar project in Northeast El Paso will be constructed by
Newman Solar LLC. The energy from the project is being secured through a
cost competitive PPA when considered from a total resource cost basis.
The PV system will be comprised of photovoltaic modules.
"We are incredibly excited to be working with El Paso Electric and
others in the El Paso community to provide clean, reliable solar power
to EPE customers in a cost-effective manner," said Michael Martin, CEO
of juwi solar. "We also eagerly anticipate breaking ground and
completing our second utility-scale solar project in the state of Texas."
EPE and JSI signed a 30-year power purchase agreement (PPA) for 10
megawatts (AC) of solar photovoltaic energy in which EPE will purchase
all of the solar energy, renewable energy credits and associated
attributes. The 10 MW AC ground mounted PV system will interconnect to
EPE's new Patriot Substation via a dedicated 13.8 kV distribution
feeder. The contractual Commercial Operation Date (COD) for the solar
facility is December 2014.
EPE currently has 47 MWs of solar power in its generation mix and
recently secured an additional 50 MWs of solar power that will be online
by the summer of this year. In total, 5 percent of EPE's dedicated
generation, which includes long-term purchase power agreements, will
come from solar energy. EPE's solar energy output is displayed on its
El Paso Electric (NYSE:EE) is a regional electric utility
providing generation, transmission and distribution service to
approximately 394,000 retail and wholesale customers in a 10,000 square
mile area of the Rio Grande valley in west Texas and southern New Mexico.
El Paso Electric has a net dependable generating capability of 1,852
About juwi solar Inc.: juwi solar Inc. (JSI) is a privately-held
solar energy generation company based in Boulder, Colorado. JSI's
primary business is the development, design, construction, operation and
maintenance of utility-scale (1 MW and larger) solar energy generation
facilities in North America. To date JSI has built large-scale solar
projects in Arizona, Delaware, Florida, Nevada, New Jersey, North
Carolina, Ohio and Texas, totaling more than 100 MWs of operating
capacity. JSI also provides operations, monitoring, and maintenance
services customized for each solar facility and to each owner's needs
and is currently performing these services for 182 MWs of solar
facilities in the United States.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140220006091/en/
El Paso Electric (EPE)
Eddie Gutierrez, 915-497-3495
Jennifer Schwager, 720-838-2295
Source: El Paso Electric and juwi solar Inc.
News Provided by Acquire Media
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