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September 3, 2007 – Vol. 12 No.24 Exelon Generation to Purchase Power from Nation’s Fourth Largest Solar Photovoltaic (PV) Generation Project. The three megawatt project in Falls Township, Bucks County, Pennsylvania will be the biggest array ever built on the East Coast. Exelon Generation Company signed a 20-year power purchase agreement with project development and structured finance company Epuron for the power expected to be roughly 3,700 megawatt hours annually. The facility, to be called the Exelon-Epuron Solar Energy Center, a SunTechnics Project, will have more than 17,000 panels on a 16.5-acre plot adjacent to Waste Management’s G.R.O.W.S. Landfill. SunTechnics Energy Systems Inc., Epuron’s sister company will plan, engineer and install the array. Completion is expected in the second quarter of 2008. Exelon Generation has a 30 MW landfill generation project about six miles from the solar energy project site. A pipeline transports landfill methane from the Waste Management facility to a gas turbine owned by Exelon. The solar renewable energy credits will be sold into the voluntary and compliance markets, primarily in Pennsylvania. The project was driven forward by Pennsylvania’s Alternative Energy Portfolio Standards law which requires that load-serving entities procure an increasing percentage of solar energy for their supply portfolios. (8/31/07)
Links: Exelon Generation http://www.exeloncorp.com/ourcompanies/powergen Epuron http://www.epuron.de/en/desktopdefault.aspx SunTechnics http://www.suntechnics.com Waste Management http://www.wm.com Waste Management Thinks GreenĘ http://www.wm.com/wm/thinkgreen
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No
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