BlueChip Energy Starts Development of 10 MW Solar Farm in Florida

June 6, 2010 – Vol.15 No.12

BlueChip Energy Starts Development of 10 MW Solar Farm in Florida.

BlueChip Energy (tm) has announced it has started stage one of the Rinehart Solar Farm, a 10 MW utility-scale solar PV facility in Central Florida.

The Rinehart Solar Farm project, located in Lake Mary, Florida, will have an annual generation of approximately 15,000,000 kilowatt-hours, equivalent to the annual energy use of roughly 1,100 area homes. It will cover a portion of the 380,000 square foot rooftop space and surrounding acreage of BlueChip Energy’s Lake Mary facility.

The solar farm is being built in stages, starting with a roof top plant totaling 120 kilowatts (kW). It will feature 520 monocrystalline 230 Watt panels and two state-of-the-art 60 kW Fronius inverters. The first stage is expected to be completed by July, 2010. Stage two is a roof top plant consisting of 500 kW. Subsequent stages will consist of a third, 1.4 MW rooftop system and 8 MW of ground-based systems.

The company has a power purchase agreement (PPA) to supply Progress Energy Florida with renewable solar power from the project.

The project will create approximately 100 jobs during construction.

BlueChip Energy, of Lake Mary, Florida, is an alternative energy utility provider delivering turnkey, predictably-priced, renewable electricity supply services for residential, commercial, government, and utility customers. BCE develops finances, constructs, operates, and monitors solar plants. BCE is a licensed provider of renewable solar energy as a qualifying power production facility of 80 MW, with the right to sell electricity to a utility. (6/3/10)

Links:

BlueChip Energy
http://www.bluechipenergy.org

Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No