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July
22, 2008
Orlando,
FL, USA: Florida Municipal Power Agency Signs Letter of Intent
for 10 Megawatts of Solar
The
Florida Municipal Power Agency (FMPA) has signed a letter of intent
with SunEdison for a 20-year power purchase agreement to provide
10 megawatts of solar photovoltaic capacity at several locations
throughout the state. The agreement with SunEdison, North America’s
largest solar energy services provider, includes installation,
construction, monitoring and operation of the solar systems, which
will produce clean, renewable energy with no noise and little
to no water in operation.
“The
letter of intent is an important first step for Florida in developing
a solar program for our municipal utility members,” said FMPA
General Manager and CEO Roger Fontes. “We are excited that large-scale
solar power is becoming a reality in the Sunshine State.”
SunEdison
CEO Thomas (Tom) Rainwater added, “This underscores FMPA’s commitment
to increasing renewable energy in Florida. FMPA continues to find
economies-of-scale in power generation as it delivers unparalleled
services to support community-owned electric utilities. SunEdison
is honored that FMPA has chosen us to uphold its high standard
in services.”
Once
completed, the photovoltaic systems are estimated to deliver 12.8
million kilowatt hours of solar energy in the first year of operation,
offsetting 17 million pounds of carbon. This is equivalent to
powering more than 1,200 homes and removing 1,670 cars from the
road annually. FMPA and SunEdison plan to complete the negotiation,
execution and delivery of final project agreements in the fall,
with completed installation by the end of 2009.
Under
the terms of the letter of intent, FMPA and SunEdison will begin
inspections of potential sites and locations at several FMPA member
cities for project development.
Further details about: SunEdison
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