NRCO Seeking Renewables Developer
NRCO is seeking a renewables developer. This position will be responsible for the development, project structuring, financial valuation, risk assessment, deal negotiation and origination of renewables projects for joint participation by the members of the National Renewables Cooperative Organization, Inc., (NRCO). This will entail pre-development and development stages in conjunction with NRCO member cooperatives. The candidate will be required to assess renewables technologies for viability, renewables market conditions, legislative and regulatory developments and mandates, identifying renewables project candidates for NRCO members’ subscription or ownership and relationship development with renewables related companies for the benefit of the NRCO membership. The role requires routine interaction with NRCO Members and 3rd Party contractors, and strategic relationship building that will benefit the renewable portfolios of the NRCO membership.
Additional information and job application can be found here. Please note that ACES provides HR services to NRCO.
Central Iowa Power Cooperative adds 104MW of Wind
DATE: April 2, 2018
DES MOINES – Central Iowa Power Cooperative (CIPCO) announced development of the Heartland Divide Wind Farm, a major project to expand its wind energy platform, set for completion by the end of this year. CIPCO will purchase 100 percent of the output from the 104 MW facility owned by an affiliate of NextEra Energy Resources, adding to its already diverse energy portfolio, which is more than 60 percent carbon-free.
NRCO assisted CIPCO with the PPA review.
The full press release can be found here.
Arkansas Electric Cooperative adds 100MWs of solar
Arkansas Electric Cooperative Corporation (AECC) has announced it will buy up to 100MWac from a 800-acre solar farm near Crossett Arkansas. AECC, a cooperatively owned Generation & Transmission (G&T) entity has entered into a Power Purchase Agreement (PPA) with Renewable Energy Systems Inc. (RES) to purchase solar power from Crossett Solar Energy Farm starting in 2021. National Renewable Cooperative Organization(NRCO) helped AECC fine tune language in a solar PPA provided by NRCO. The addition of the solar PPA will raise AECC’s renewable portfolio to 17% of their total generation.
NRCO assisted AECC with the RFP development and contract review.
A full press release can be seen here
Mid-Kansas Electric Company announces solar project
Johnson Corner Solar AnnouncementMid-Kansas Electric Company Inc., along with its sister company Sunflower Electric Power Corporation, announced its plan to purchase renewable energy from a 20-megawatt solar project scheduled for construction in southwest Kansas. The cooperatively operated wholesale generation and transmission utility has signed a 25-year power purchase agreement with Lightsource BP, an independent power producer that will build, own and operate the solar facility.
The National Renewable Cooperative Organization, with its member-owner Mid-Kansas, jointly developed the project and sourced Lightsource BP as Mid-Kansas’ long-term partner.
The full press release can be found here: Mid-Kansas Solar Project News Release
Kansas Lieutenant Governor Tracey Mann joined representatives from Mid-Kansas, Lightsource BP, and NRCO to announce the project on February 27, 2018.
RES Begins Construction of EDP Renewables’ Hog Creek Wind Project for SMECO
Renewable Energy Systems (RES) is pleased to announce that construction has begun on the Hog Creek Wind Project located in Hardin County, OH. The National Renewables Cooperative Organization (NRCO) facilitated the 20-year power purchase agreement with Southern Maryland Electric Cooperative (SMECO). Hog Creek Wind Project will be a 66-MW project comprised of 30 Vestas V110 2.2-MW turbines. The project, owned by EDP Renewables (EDPR), is on schedule to be operational before the end of 2017.
“Once again, NRCO has assisted SMECO with procuring wind energy to help the cooperative meet state requirements. As we add more and more renewable energy to our power portfolio, we demonstrate our commitment to environmental stewardship,” said Jeff Shaw, SMECO Vice President of Distributed Energy and Sustainability.
The full press release can be found here: Hog Creek Press Release
Southern Maryland Electric Cooperative and Origis Energy Announce New 27.5 MWAC Solar Power Project
In the summer of 2016, the National Renewables Cooperative Organization (NRCO) released a Request for Proposals on behalf of Southern Maryland Electric Cooperative (SMECO) for solar energy supply. This process culminated in a Power Purchase Agreement award to Origis Energy USA for the 27.5 MWAC Ripley Solar project.
SMECO worked with the NRCO to develop a request for proposals and evaluated approximately 20 submissions before selecting Origis Energy. According to Austin J. Slater, Jr., SMECO’s president and CEO, “Ripley Solar is the third solar project that NRCO has facilitated for SMECO, and their expertise has been invaluable. Developing solar projects right here in our service area gives us a couple of advantages. Not only are we able to procure renewable energy to help meet state requirements, but we are also able to avoid costly transmission fees.”
The full press release can be found here: Ripley Solar Press Release
Cooperative Energy 52MW Solar Project Begins Construction
HATTIESBURG, Miss. – May 23, 2017 – Hattiesburg-based Cooperative Energy and Origis Energy USA began construction in May on a 52MW solar energy facility, which will provide clean energy to the generation and transmission cooperative’s 423,000 members across Mississippi. Origis Energy has developed and will install and operate the electric generation site, and Cooperative Energy will purchase all power produced at the location.
The 540-acre solar site is located near Sumrall in Lamar County. The site will encompass 206,892 photovoltaic solar panels when completed in December 2017. The project will create approximately 400 jobs during construction.
240 MW of Wind Contracted in NRCO 2016 Wind Request for Information (RFI)
At the beginning of 2016, the National Renewables Cooperative Organization (NRCO) released a Request for Information (RFI) on behalf of its Members regarding wind projects across the country. Over 40 developers responded representing over 120 individual wind assets under development in the PJM, MISO, ERCOT, SPP, and Southeast markets.
Earlier this month NRCO, working with participating Members, brought 3 deals to close out of its 2016 wind RFI, totaling 240 MW of wind capacity. One of these deals was recently announced: Dairyland Power Cooperative will be purchasing 80 MW of wind generation from the Barton Wind Project, operated by Avangrid Renewables. Information regarding the two remaining private deals will be be provided when they go public.
NRCO plans to begin its 2017 wind RFI process towards the end of February 2017.