Brazos to Purchase More Power from 7X’s Lapetus Energy Project
Brazos Electric and 7X Energy, Inc have executed a power purchase agreement (PPA) that will bring an additional 42.5MWs of solar capacity from 7X’s Lapetus facility in Andrews County, Texas, and the PPA will start on 12/31/2019. Brazos and CoServ previously closed a PPA negotiation earlier in 2018 with 7X from the same 7X Lapetus Energy Project. A unique solar product attribute about the PPA, is that 7X will remove intermittent variability associated with solar generation from the facility by delivering fixed hourly blocks of energy.
NRCO managed the RFP and assisted in the PPA negotiations.
The full 7X/Brazos Electric press release can be found here.
NRCO Issues RFP on behalf of NCEMC for projects using swine and/or poultry waste
Carmel, IN – August 21st, 2018 – National Renewable Cooperative Organization (NRCO), on behalf of North Carolina Electric Membership Cooperative (NCEMC), requests proposals for complying with North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS), outlined in N.C. Gen. Stat. 62-133.8 sections (e) & (f) for compliance year 2018 and beyond. Specifically NRCO is requesting proposals that provide:
- Biogas from Swine waste or Poultry waste, or
- Electricity RECs generated from Swine waste, or
- Electricity and RECs generated from Poultry waste, or
- Swine and Poultry REC-only offers (In & Out-of-State)
NRCO is seeking RFP responses by September 21st 2018.
For more information about the RFP, please contact Michael Loenen with NRCO at Michael.Loenen@NRCO.coop
Connexus Energy to Construct 10MW Solar & 15MW Storage Project
Connexus Energy announced the start of construction of a 10 MW solar and 15 MW battery storage project. The project, to be located at two sites within Connexus’ service territory, is the first of its kind to provide cost-effective renewable energy to Connexus’ members with the incorporation of batteries to manage peak demand charges. Connexus engaged NRCO to facilitate a Request for Proposal and structure the transaction with Connexus partners’ Engie North America and NextEra Energy Resources.
The press release can be found here.
Arkansas Electric Cooperative Corporation (AECC) will purchase 100MWs from Wildhorse Mountain Wind Facility
May 29th, 2018 – Southern Power announced the acquisition of the 100MW Wildhorse Mountain Wind Facility from Renewable Energy Systems Americas Inc. (RES). NRCO’s member, Arkansas Electric Cooperative Corporation (AECC), will receive all electric energy, capacity and other attributes from the project under a 20-year power purchase agreement starting in the fourth quarter of 2019.
NRCO originated the project as part of its 2016 RFI solicitation and advised on the PPA negotiations.
The full press release for the project can be found here
Brazos & CoServ Electric sign PPA with 7X Energy
Austin TX, May 24th, 2018 – Brazos Electric, CoServ Electric and 7X Energy, Inc. have executed a power purchase agreement (PPA) that will bring 25MWs of solar capacity from 7X’s Lapetus facility in Andrews County, Texas, and will be commercially available in 2019. As unique attribute about the deal, 7X will remove intermittent variability associated with solar generation from the facility by delivering fixed blocks of energy.
NRCO managed the RFP and led the PPA negotiations for this unique product.
The full 7x press release can be found here