Cabin Point – ODEC

In 2018, ODEC entered into a long-term power purchase agreement to buy solar power from the Cabin Point Solar Facility in Sussex County, VA. This project is expected to be a 75 MW solar power facility, with an anticipated commercial operations date in 2022.

ODEC’s Clark & Cherrydale Solar

NRCO MEMBER AWARDS SOLAR CONTRACTS

Carmel, IN – The National Renewables Cooperative Organization (NRCO) announced today that one of its members, Old Dominion Electric Cooperative (ODEC) has awarded two contracts to Hecate Energy to deliver the full output of two solar projects to be located in Northampton County and Clarke County, VA.

ODEC conducted a competitive bid process during the summer administered by National Renewables Cooperative Organization (NRCO) seeking bids for solar projects ranging in size from one to 10 MW (megawatts). Hecate was chosen based on its ability to provide the most cost effective and beneficial solar PV plants to ODEC within the service territories of its member-owners.

The Northampton County project is located in A&N Electric Cooperative’s service territory, one of ODEC’s eleven member-owners. It will have the capacity to generate approximately 20 megawatts of electricity and is expected to be in service by December 2016.

The other location in Clarke County, is part of Rappahannock Electric Cooperative’s service territory, another of ODEC’s eleven member-owners. This project, also expected to be in service by December 2016 will produce 10 megawatts of electricity.

“Adding clean solar generation to our portfolio will allow us keep fulfilling our mission of maintaining a diversified mix so that we can continue to provide affordable and reliable electricity to our member cooperatives,” said Jack Reasor, ODEC’s president & CEO.
“ODEC is very excited to work with Hecate,” added Rick Beam, ODEC’s Senior Vice President for Power Supply. “These solar projects demonstrate our continued commitment to renewable energy. We have taken a steady, deliberate approach to integrating renewable resources, and it has paid off over time as we continue to build a portfolio that remains cost-effective for our member-owners.”
Hecate Energy is a leading developer, owner, and operator of solar, natural gas, wind and energy-storage solutions. “We are honored to have been selected by ODEC to fulfill their first solar power purchase agreements,” said Chris Bullinger, Hecate’s President and Chief Executive Officer. “We are looking forward to developing and operating these solar PV generation facilities for the benefit of ODEC members.”

About 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 facilitate the cost-effective, joint development of renewable resources nationwide for its cooperative owners, helping its owners meet the requirements of voluntary and mandatory Renewable Energy Standards (RES).

Membership in the NRCO is open to generation and transmission cooperatives (G&Ts) and distribution cooperatives that have the legal ability to buy power in the wholesale market. Members located in areas that may not have renewable resources can participate in projects across the United States through renewable projects originated and/or developed by NRCO. For more information, please visit www.nrco.coop.

About ODEC:
Headquartered in Glen Allen, Virginia, ODEC is a not-for-profit, member-owned, power supply cooperative. It supplies the wholesale power requirements of its 11 member electric distribution cooperatives, which provide reliable, affordable electricity to 1.4 million people in 70 counties in Maryland, Virginia and Delaware. Learn more at www.odec.com

AECC’s Crossett Solar

Little Rock, Ark. — March DRAFT, 2018 — Arkansas Electric Cooperative Corporation (AECC) of Little Rock has entered into a power purchase agreement with Renewable Energy Systems Americas Inc. (RES) of Broomfield, CO to purchase up to 100 megawattsac of energy that will be produced by an 800-acre solar farm near Crossett in 2021.

“The addition of the 100 megawatts of solar capacity produced by the Crossett Solar Energy Farm will provide AECC with additional reasonably priced power that is ultimately delivered to the more than 1.2 million electric cooperative members in Arkansas,” said Duane Highley, president/CEO of AECC. “AECC’s generation fuel portfolio now includes more than 17 percent of hydropower, solar, wind and biomass generation which supplements our traditional generation facilities.”

RES, a leading global renewable energy development and construction company, developed Crossett Solar and will construct the project. The project will provide the benefits of both energy diversity and job creation to the state of Arkansas. The 100-MWac project, consisting of over 362,000 solar panels, will create as many as 175 jobs during the peak of construction, with up to three permanent jobs once construction is completed.

Located in Ashley County, Arkansas, the construction of Crossett Solar is expected to begin in early 2021.

“We’re excited to work with Arkansas Electric Cooperative Corporation again, and we are pleased to help AECC bring solar energy to the cooperative members,” said Graham Reid, RES CEO, Americas. “We look forward to bringing economic benefits and jobs to the state of Arkansas and to a community that has supported us throughout the project development cycle.”

Arkansas Electric Cooperative Corporation, a generation and transmission cooperative, provides wholesale power to Arkansas’ 17 electric distribution cooperatives that provide electricity to approximately 500,000 homes, farms and businesses in Arkansas and surrounding states.

Since 1997, RES has been providing development, engineering, construction, and operations services to the utility-scale wind, solar, transmission, and energy storage markets across the Americas. The company employs more than 1,500 full-time professionals; has over 10,000 MW of utility-scale renewable energy and energy storage projects; and has constructed more than 1,000 miles of transmissions lines throughout North America. RES’ corporate office in the U.S. is located in Broomfield, CO with regional offices located in Austin, TX, Minneapolis, MN, Old Saybrook, CT, and Sacramento, CA.

Brazos Lapetus Energy Project

7X Energy Sells Remaining Power from 100 MWac Lapetus Energy Project
CoServ Electric doubles their procurement from the solar project

AUSTIN, TX – 7X Energy, Inc. (“7X”), a leading solar developer in the U.S., is again partnering with CoServ Electric (“CoServ”) to generate more solar power for North Texas.

Through Brazos Electric Power Cooperative, Inc. (“Brazos”) its generation and transmission provider, CoServ has procured 26.5 MW from the Lapetus Energy Project (“Lapetus”) in West Texas, bringing CoServ’s stake to 51.5 MW of the total 100 MWac project. Earlier this year, CoServ finalized a contract with 7X for the purchase of 25 MW of power through Brazos from the solar facility to be built in Andrews County.

7X developed and financed the Lapetus solar project that will deliver firm blocks (SolarBlocksTM) to the ERCOT North trading hub. This innovative power product offers utilities and companies more flexibility and shorter contract terms than a traditional Power Purchase Agreement (PPA), thus minimizing energy costs and mitigating risks.

The competitively priced fixed blocks prompted CoServ to double its original power purchase, which will benefit the co-op’s more than 235,000 electric meters in the Dallas-Fort Worth area. In addition, Brazos recently purchased 42.5 MW on behalf of seven of its other distribution cooperative members.

“CoServ’s commitment to double their purchase through Brazos of the Lapetus project’s electrical output will bring investment and jobs to the state and local community while meeting their mission to ‘provide safe and reliable energy solutions to their members and customers’,” said Clay Butler, CEO of 7X Energy.

“This agreement reinforces CoServ’s commitment to providing cost-effective renewable energy options for our Members,” said CoServ President/CEO Donnie Clary.

CoServ and Brazos were supported in the development of the solar energy contracts by the
National Renewables Cooperative Organization.

The project, owned, developed, and financed by 7X Energy, will be constructed in Andrews County, Texas, about an hour away from Midland, and is scheduled to commence construction in late Q1 2019. During peak construction, the solar facility is expected to bring approximately
150 jobs to the county and inject $20 million in local property tax revenue over the life of the facility.

Photo Link: 7X Energy’s Lapetus Solar Project visualization

Contact
Raheleh Folkerts
7X Energy, Inc. Raheleh.Folkerts@7x.energy
512-992-0439

Oscar Martinez CoServ Electric OMartinez@coserv.com
940-270-6856

About 7X Energy
7X Energy, Inc. (7X), headquartered in Austin, Texas, has quickly grown into one of the more successful solar PV developers in the United States. 7X’s development, technical, and software expertise accelerates the project site selection and evaluation process, while lowering energy costs and minimizing risk for its customers and investors

Recently announced, 7X jointly developed the largest solar project in Texas, the 315 MWdc Phoebe Energy Project, whose power was purchased by Shell Energy NA. The company is 100% employee-owned and consists of a diverse team of seasoned industry veterans focused on the development and sale of renewable energy to commercial and wholesale customers. Contact us at www.7x.energy.

About CoServ
Established in 1937 as Denton County Electric Cooperative Inc., CoServ Electric is based in Corinth, Texas, and supplies electricity to more than 235,000 meters in Denton, Collin and four other North Texas counties.

Cooperative Energy Solar

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.

Solar is considered a clean energy technology as the electricity is produced via sunlight collected by the photovoltaic panels.

“Our members have told us they want more renewable energy in our portfolio,” said Jim Compton, Cooperative Energy’s president and CEO. “The project provides a significant amount of solar energy to power the homes and businesses we serve. So we are responding to our members, and also providing clean, affordable energy.”

“We are honored to be working with Cooperative Energy as they power more homes and businesses with solar every year,” said Johan Vanhee, managing director of business development for Origis Energy.  “These utility and community leaders understand that solar provides clean, affordable power while creating jobs, economic and environmental benefits.”

Cooperative Energy began its venture into solar generation sites in 2016 with the installation of five smaller solar installations (100kW or less) at five Member locations across the state—Coahoma (Lyon), Coast (Kiln), Delta (Greenwood), Singing River (Lucedale), and Southern Pine (Taylorsville) electric power cooperatives that were developed by Cooperative Energy and the National Renewables Cooperative Organization (NRCO).

NRCO provided assistance to Cooperative Energy during the contract negotiations.

Cooperative Energy has a diverse energy portfolio that includes natural gas, coal, nuclear and hydropower (another renewable). The broad mix allows the flexibility to minimize the impact of any significant increases in the cost of a single fuel source.

About Origis Energy
Origis Energy is Powering the Solar Revolution^SM with custom clean energy solutions for utility, commercial and public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in more than 100 projects worldwide totaling 600+ megawatts to date of developed solar capacity. Headquartered in Miami, FL, Origis Energy USA delivers excellence in solar project development, financing, engineering, procurement and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers across Europe and the Americas. For more information, visit the company online at www.OrigisEnergy.com.

About Cooperative Energy
Cooperative Energy works with the Power of 12 (Cooperative Energy and 11 Member electric cooperatives) to provide electricity from the Mississippi Delta to the Coast. The 11 distribution cooperatives own and maintain approximately 56,900 miles of distribution lines and provide service to approximately 423,000 homes and businesses throughout 55 counties in Mississippi. For more information, visit the company online at www.CooperativeEnergy.com.

About National Renewables Cooperative Organization
Formed in 2008 by 21 cooperatives, the NRCO aims to increase access to cost-effective renewable energy resources for electric cooperatives around the country. NRCO provides full origination and development services for its Owner-Members and cooperative customers, with nearly one gigawatt of wind and solar projects completed to date including 41 cooperative-run community solar farms. For more information see www.nrco.coop.

Media Contacts

Origis Energy
Glenna Wiseman
Glenna.Wiseman@OrigisEnergy.com
Direct: +1 909 553 3141 / Miami Office: +1 786 693 2624

Cooperative Energy
Sara Peterson
Corporate Communications Manager
speterson@cooperativeenergy.com
601.705.6614 – Office / 601.297.3419 – Cell

NRCO
Todd Bartling
todd.bartling@nrco.coop
317.344.7905

SMECO Solar

In the spring of 2012 Southern Maryland Electric Cooperative broke ground on its first cooperative-owned solar facility.  The plant, located near SMECO headquarters in Hughesville, MD, came online in November of 2012.  The project is 6.4 MW DC and will generate electricity for the next twenty years.  Solar renewable energy credits from the project will help SMECO comply with its obligations under the state’s renewable portfolio standard.  NRCO administered a competive RFP for development of the project and provided project management throughout the constructioin period.  NRCO also assisted SMECO in obtaining debt financing as well as the ARRA Section 1603 grant from the US Treasury Department.

Rockfish Solar

In late 2013, SMECO worked with the National Renewables Cooperative Organization (NRCO) to develop a request for proposals and evaluated about 30 submissions before selecting JSI. JSI is headquartered in Boulder, Colorado. According to Austin J. Slater, Jr., SMECO’s president and CEO, “By working with NRCO and JSI, we are developing a project that will provide renewable energy right here in our service area, helping us to meet our regulatory requirements and to avoid costly transmission fees.” He added, “Our customer-members will be glad to know that the cost of the energy provided by this solar project is very reasonable and will have a positive effect on customer rates.”

SMECO purchases all generated energy, capacity, and Solar Renewable Energy Credits for 20 years from the Rockfish Solar project now owned by PSEG.  The project is located in Waldorf, Maryland in Charles County on 69 acres. The solar facility reached full commercial operations in June of 2015 and is expected to generate approximately 21,000 MWh each year by way of the 42,240 solar modules using single-axis tracking technology.