Ameresco Teams Up to Launch Utah's Pioneering Floating Solar Array
Innovative Floating Solar Project in Utah
Ameresco, Inc. (NYSE: AMRC), recognized as a frontrunner in clean technology integration, has triumphantly completed the unveiling of Utah’s inaugural floating solar array. This groundbreaking initiative, executed in collaboration with Mountain Regional Water Special Service District, took place at the Signal Hill Water Treatment Plant. A festive ribbon-cutting ceremony marked this significant milestone in renewable energy development, attended by key stakeholders from both Ameresco and Mountain Regional Water.
Project Overview and Impact
The floating solar array boasts an impressive capacity of 587.5 KW and has been developed in partnership with D3Energy, a leading developer in floating photovoltaics. Supported by a substantial grant of $400,000 from Rocky Mountain Power’s Blue Sky Award program, the project aims to produce a remarkable 871,086 kilowatt-hours of clean energy annually. With an environmental impact equivalent to offsetting 609 metric tons of carbon dioxide each year, this initiative significantly contributes to reducing pollution.
Reduction of Energy Costs
By supplying energy directly to the water treatment facility, the solar array is expected to cut down grid energy consumption by 92%, leading to an impressive reduction in energy costs by up to 80%. This innovative approach demonstrates the potential of renewable energy solutions to not only support environmental initiatives but also bolster economic efficiency.
Voices of Leadership
Ameresco's Executive Vice President, Lou Maltezos, emphasized the importance of innovative thinking in sustainability efforts. He asserted that traditional land-based solar installations are often limiting, and by exploring water-based alternatives, new sustainable opportunities arise. The project's success combines innovation with economic viability, setting a benchmark for similar initiatives.
Unique Approach to Solar Energy
Utilizing water surfaces effectively, this floating solar array provides a sustainable answer to energy needs without compromising valuable land resources. Chris Braun, the Chief Technology Officer at Mountain Regional, highlighted that traditional solar installation methods were not feasible for their location, making the floating installation a valuable resource to achieve their ‘Net-Zero’ energy objectives. This aligns with their commitment to environmental stewardship and community responsibility.
Community and Environmental Benefits
For over two decades, the Blue Sky program has empowered Rocky Mountain Power customers to actively contribute to renewable energy efforts. Shawn Grant, the Director of Customer Solutions at Rocky Mountain Power, remarked on the program's impact, facilitating community-driven projects that reduce carbon footprints. The Blue Sky program has supported the implementation of numerous renewable energy ventures across Utah, Idaho, and Wyoming, driving demand for sustainable energy practices.
Success in Utility Management
The floating solar array's construction progressed ahead of schedule, with the completion milestone achieved within a set timeframe. Expected utility permission to operate signifies further advancements in renewable energy management, reinforcing Ameresco and Mountain Regional Water's commitment to sustainable energy solutions.
Looking Ahead: Sustainable Growth
Ameresco's strategic approach involves not only the development of such projects but also continued collaboration with various partners to expand their portfolio in renewable energy. D3Energy will contribute its expertise to ensure the long-lasting efficiency of this floating solar initiative and its capacity to transform energy generation across regions.
Frequently Asked Questions
What is Ameresco's role in the floating solar project?
Ameresco serves as the leading developer and integrator in the floating solar project, working closely with Mountain Regional Water and D3Energy.
How does the floating solar array benefit energy costs?
The array supplies energy directly to the water treatment plant, potentially reducing energy expenses by 80% and offsetting grid consumption by 92%.
What environmental impact does the project have?
The project is designed to eliminate approximately 609 metric tons of carbon dioxide emissions annually, promoting a cleaner environment.
Who supported this project through funding?
The project received financial support from Rocky Mountain Power's Blue Sky Award program, which grants funds for renewable energy initiatives.
What is the capacity of the floating solar array?
The floating solar project has a generation capacity of 587.5 KW, aimed at producing over 871,000 kilowatt-hours of clean energy each year.
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