Thursday, March 1, 2012

ESA Renewables Receives Approval from Tennessee Valley Authority for 22 Solar Arrays

Turnkey solar solutions provider given thumbs up for multiple 200kW photovoltaic systems in Tennessee and North Carolina

Hayesville, NC, March 1, 2012ESARenewables (ESA), a leading turnkey solar solutions provider, confirmed the acceptance of 22 Participation Agreements for customer-sited projects through the Tennessee Valley Authority (TVA) and the local co-ops in the North Carolina and Tennessee areas.

During the fall of 2011, ESA submitted the applications to TVA's Generation Partners pilot program.  The pilot was designed to demonstrate the feasibility of purchasing electric energy from residential, commercial, and industrial customers generated by qualified renewable generation resources.  Qualifying systems were required to be more than .5 kilowatt (kW), but less than 200kW and consist of a commercially proven technology of either, solar electric, wind, low-impact hydropower or biomass.  Since that time, the program has been modified for projects up to 50kW.

All 22 applications for the customer-sited projects being installed by ESA have been accepted to participate in the TVA Generation Partners pilot program.   According to the terms of the pilot, the systems must be completed and commissioned within six months of the acceptance date.

ESA will engineer and install the 200kW DC photovoltaic solar arrays on each of the sites, as well as operate and maintain the sites for the duration of the agreement term. Each property owner has entered into a lease agreement for the property being utilized that allows them additional income for the duration of the contract.

"ESA is pleased to learn of TVA’s approval of these 22 applications," said Jeffrey Burkett, President of ESA Renewables.  "These solar arrays will be of great financial benefit to the customers, and further advance our countries efforts towards generating clean, green energy."

About ESA Renewables, LLC
ESA Renewables has positioned itself as a leader in the industry providing turnkey solar PV systems globally. ESA owns and operates a diverse portfolio of more than 500 solar PV power generating facilities located in the United States, Puerto Rico, Spain and Italy. ESA’s scope of services includes financing, engineering, construction, testing and operation and maintenance. With headquarters in Castellon Spain, ESA has additional offices in Florida, North Carolina, Puerto Rico, France and Italy. For more information about ESA Renewables, LLC, please visit http://www.esarenewables.com or call 407-268-6455.

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