Renewable America (RNA), a supplier of photo voltaic+storage and multi-customer neighborhood microgrid initiatives in California, has accomplished its 1.45 MW Fallon photo voltaic challenge, situated within the Petaluma space of Marin County, Calif.
The deal is financed with Sunwest Financial institution by way of a sale leaseback construction, permitting RNA to take care of the challenge by way of its total lifecycle. The photo voltaic web site will change into a part of MCE’s service space portfolio and produce an estimated 2,300 MWh per yr.
“We’re thrilled to achieve this milestone with one in every of our forty initiatives and are excited to additional contribute to California’s clear power portfolio targets,” says Ardi Arian, RNA’s president and CEO. “This deal additionally marks the inception of fruitful partnerships with each Sunwest Financial institution and MCE, and we look ahead to future alternatives to collaborate with different neighborhood alternative aggregators.”
RNA says it obtained a California Environmental High quality Act (CEQA) exemption allowing the development of the photovoltaic facility, and was one of many first builders accepted for agricultural suitable land use below the Williamson Act contract in Marin County. Particularly, the positioning will occupy solely 3.6% of the parcel’s complete acreage and retain the pure state of the rest.
As a part of RNA’s ag administration plan, monitored sheep grazing will happen across the photo voltaic facility, and the county will consider the realm on an ongoing foundation, making certain the land utilization is environmentally helpful.
