Latest project is the largest APS grid-scale solar plant dedicated to
date
Company Website:
http://aps.com
PHOENIX -- (Business Wire)
The Red Rock Solar Plant – an example of how utilities can partner with
customers to develop cost-effective solar energy – was unveiled to the
public today. APS developed and will own and operate the 40-megawatt
photovoltaic plant, located 30 miles south of Casa Grande in Red Rock,
Ariz. Arizona State University (ASU) and PayPal will purchase renewable
energy from APS that is equivalent to the amount Red Rock is projected
to generate.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170111006175/en/
The Red Rock Solar Plant was unveiled to the public today. APS developed and will own and operate the 40-megawatt photovoltaic plant, located 30 miles south of Casa Grande in Red Rock, Ariz. Arizona State University (ASU) and PayPal will purchase renewable energy from APS that is equivalent to the amount Red Rock is projected to generate. Red Rock is APS’s largest grid-scale solar power plant, surpassing the 35-megawatt Foothills Solar Plant located near Yuma, Ariz. (Photo: Business Wire)
“The construction of Red Rock is a great example of how we partner with
our commercial customers to find innovative and sustainable solutions
that can help them realize their green energy goals,” said Daniel
Froetscher, APS Senior Vice President of Transmission, Distribution
and Customers. “The cooperation between APS, ASU and PayPal demonstrates
how the Arizona business community is committed to developing solar
energy in a smart, cost-effective manner.”
ASU and PayPal were both seeking ways to reduce their carbon footprint.
This agreement helps ASU expand its solar energy sourcing beyond its
almost 25 megawatts of on-campus solar sites. It also helps PayPal keep
up with its energy demand, while also supporting a desire to be a leader
in the community by driving energy sustainability.
“We are very pleased that the Red Rock Solar Plant will more than double
our solar generating capacity to more than 50 megawatts,” said Morgan R.
Olsen, ASU executive vice president, treasurer and chief financial
officer. “This project enables us to expand our solar portfolio
substantially with no initial capital investment and underscores our
sustainability commitment. ASU is proud to continue building our solar
collection that has grown to 88 installations since 2004. In calendar
year 2017, we expect approximately 30 percent of our electrical needs
will be met with clean, renewable solar energy.”
Red Rock is APS’s largest grid-scale solar power plant, surpassing the
35-MW Foothills Solar Plant located near Yuma, Ariz. Large solar plants,
like Red Rock, take advantage of economies of scale to provide
additional solar to more customers at a lower cost.
“Arizona is one of the most solar-friendly states in the nation, and APS
remains at the forefront among solar-friendly companies,” Froetscher
said. “In fact, last year, we reached one gigawatt of solar on our
system, becoming the only utility outside California to achieve this
milestone.”
The Red Rock Solar Plant is located east of APS’s Saguaro Natural Gas
Power Plant on land APS has owned since the 1950s. With transmission
lines already nearby, the 400-acre plot was an ideal location for a
grid-scale solar plant. With the completion of the solar plant, the land
is now creating additional tax income for Pinal County and other local
taxing authorities.
APS
serves about 2.7 million people in 11 of Arizona’s 15 counties, and is
the Southwest’s foremost producer of clean, safe and reliable
electricity. Using a balanced energy mix that is nearly 50 percent
carbon-free, APS has one of the country’s most substantial renewable
energy portfolios, and owns and operates the Palo Verde Nuclear
Generating Station, the country’s top power producer and largest
producer of carbon-free energy. The company is also a proven leader in
introducing technology and services that offer customers choice and
control over their energy consumption. With headquarters in Phoenix, APS
is the principal subsidiary of Pinnacle
West Capital Corp. (NYSE: PNW).
View source version on businesswire.com: http://www.businesswire.com/news/home/20170111006175/en/
Contacts:
APS
Media Contact:
Steven Gotfried, 602-250-3040
Analyst
Contact:
Ted Geisler, 602-250-3200
Website: aps.com/newsroom
Source: APS
© 2024 Canjex Publishing Ltd. All rights reserved.