D. E. Shaw Renewable Investments (DESRI) introduced the 80-MWAC Elektron Photo voltaic Undertaking has reached business operation. The venture in Tooele County, Utah, started building in 2021 and was acquired from Enyo Renewable Vitality in 2020.
“We’re thrilled to have accomplished building on the Elektron Photo voltaic facility,” stated Hy Martin, Chief Improvement Officer of DESRI. “Whereas the photo voltaic business has encountered headwinds previously few years attributable to provide chain constraints and rising rates of interest, this venture was in a position to succeed as a result of sturdy partnership from our prospects and native stakeholders. Our workforce appreciates the continuing assist from the purchasers, Rocky Mountain Energy and Tooele County.”
Elektron Photo voltaic has 20- and 25-year energy buy agreements with PacifiCorp beneath Rocky Mountain Energy’s Schedule 34 for renewable power purchases to serve demand from a consortium of Utah prospects together with Salt Lake Metropolis, Park Metropolis, Summit County, Utah Valley College, Vail Resorts on behalf of Park Metropolis Mountain, and Deer Valley Resort. The ability was contracted beneath Utah’s Schedule 34 and permits the purchasers to combination their electrical energy demand to have the ability to obtain economies of scale by contracting tasks with capability higher than 5 MW.
Information merchandise from DESRI
