NATIONAL RENEWABLE COOPERATIVE ORGANIZATION WELCOMES NEW CLASS A MEMBER
Golden Spread Electric becomes 22nd Cooperative Member of NRCO
Carmel, IN — The National Renewable Cooperative Organization (NRCO) is pleased to announce the addition of Golden Spread Electric Cooperative (GSEC) to its membership. Golden Spread Electric Cooperative is the 22nd member of NRCO as of March 1, 2019.
NRCO was formed in 2008 in the spirit of cooperatives partnering to facilitate cost-effective, joint contracting and development of renewable resources for their member-consumers. NRCO functions as a clearinghouse for renewable development opportunities while aggregating its member’s renewable energy needs in addition to providing its members strategic advisory and market intelligence services on evolving renewable and related technologies. NRCO has helped its member owners develop and contract for over 1,600MWs of renewable energy, which serve over 7.8 million homes and 40GW of load from east of the Rocky Mountains to the East Coast and from the Upper MidWest to the SouthEast United States.
Headquartered in Amarillo, Texas, Golden Spread Electric Cooperative is already active in the renewable energy space. The generation and transmission cooperative’s portfolio includes the 78.2MW Panhandle Wind Ranch and has been commercially available since September 7th 2011. Golden Spread also has roughly 200 MW of renewable energy from Power Purchase Agreements (PPA). Joining NRCO will facilitate Golden Spread’s continued effort in understanding renewable energy and the technology advancements associated with it.
Mark Schwirtz, Golden Spread Electric Cooperative’s President & Chief Executive Officer, said “We are pleased to join NRCO. Golden Spread Electric looks forward to vast experience NRCO has in participating in renewable projects across the nation. We know that our membership in NRCO will enhance our ability to meet our long-term objectives.”
“We are pleased that Golden Spread Electric has joined NRCO as its 22nd Class A member. GSEC brings their renewable experience to bear for all our members, which is in keeping with our cooperative mission. We are also looking forward to working with Golden Spread to assist them in meeting their strategic objectives in shaping their portfolio of resources” said Amadou L. Fall, CEO of NRCO.
Cooperatives across the country formed the National Renewables Cooperative Organization (NRCO) to promote and facilitate the development of renewable energy resources for its members. NRCO’s main purposes are to provide ongoing opportunities for its members to contract and develop cost-effective renewable energy resources, helping its owners meet the requirements of voluntary and mandatory Renewable Energy Standards (RES). http://www.nrco.coop
Golden Spread Electric Cooperative, Inc. is a tax-exempt, consumer-owned public utility, organized in 1984 to provide low cost reliable electric service for its 16 member rural distribution cooperative members. GSEC generates and transmits electricity to approximately 237,000 member-consumers located in the Oklahoma Panhandle and an area covering 24 percent of Texas land area including the Panhandle, South Plains, and Edwards Plateau Regions.
MEDIA CONTACTS: Scott Bradtmiller, Renewable Energy Analyst, NRCO
(317) 344 – 7908, Scott Bradtmiller
(806) 349-5220, John Eichelmann, Vice President, Member Services, GSEC
CIPCO TO PURCHASE 100MW FROM CLENERA’S WAPELLO SOLAR FACILITY
Central Iowa Power Cooperative (CIPCO) and Clenera LLC have executed a power purchase agreement (PPA) that will bring 100MW of solar capacity from Clenera’s Wapello Solar facility in Louisa County, Iowa. CIPCO will purchase 100% of the energy and capacity for 25 years from the Wapello Solar Facility starting in December 2020, while Clenera will retain all renewable attributes from the project. The Wapello Solar facility when complete, will be comprised of bifacial panels with single-axis tracking technology improving performance of the array by 25 – 35% and be the largest solar array in Iowa.
NRCO assisted CIPCO in PPA negotiations with Clenera.
The full CIPCO/Clenera press release can be found here.
CoServ Electric to Purchase More Power from 7X’s Lapetus Energy Project
Austin TX, December 10th, 2018 – CoServ Electric and 7X Energy, Inc. have executed a power purchase agreement (PPA) that will bring 26.5MW solar capacity from 7X’s Lapetus facility in Andrews County, Texas starting 12/31/2019. CoServ previously closed PPA negotiations earlier in 2018 with 7X from the same 7X Lapetus Energy Project, bringing CoServ’s total off-take to 51.5MW. 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/CoServ Electric press release can be found here.
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