Hamilton Energy Resource Opportunities LLC (HERO Solar) of Jasper, Florida, has entered into an interconnection agreement with Progress Energy Florida for a 70-megawatt (MW) solar photovoltaic installation—the Hercules Solar Power Project— to be grown on 450 acres of formerly farmed land within a Hamilton County Enterprise Zone in northern Florida.
The proclamation came during a same news cycle in that a Netherlands-based home furnishing retailer, IKEA, suggested that it had strictly plugged in a solar PV appetite complement during a South Florida store in a City of Sunrise—for a largest solar installation (1,057 kilowatts or 1 MW) in that partial of a state.
HERO, formed in Jasper, Florida, was determined in 2009 to build, conduct and deposit in renewable appetite projects. Progress Energy, a second-largest focus in Florida, joined with Duke Energy (News – Alert) final year—creating a biggest electric appetite holding association in a United States.
Under a Duke Energy banner, a total companies now supply and broach appetite to approximately 7 million U.S. customers.
The Hercules Solar Power Project agreement follows on a successful execution of an interconnection investigate process. HERO Managing Director of Development Jack Levine commented, “We are beholden to Progress Energy and their Interconnect Team, who have helped us each step of a approach by feasibility, complement impact and trickery studies to safeguard Federal Energy Regulatory Commission (FERC) discipline and focus mandate were met. We are gay to have achieved this considerable miracle and are vehement about starting a construction build out. We demeanour brazen to stability operative with a partners during Progress Energy and praise their efforts to rise choice fuel sources and yield mercantile expansion within their use areas.”
Levine noted, “We are unapproachable to work with courtesy personality Schneider Electric and their excellent engineering and pattern team, who have assisted us by a focus routine and supposing final pattern skeleton for a solar margin and substation.”
However, HERO is looking for alternatives to a avoided cost-based appetite squeeze agreement a focus has offered. In an talk with Platts, Levine pronounced HERO is posterior probable appetite sales deals with vast commercial, industrial and troops business in Florida and adjacent states meddlesome in securing fixed, long-term prices on all or partial of a 70 MW of solar ability HERO skeleton to develop.HERO also is exploring a probability of anticipating a vital partner that could take advantage of a tax-equity advantages a solar plan would provide, Levine said, adding that both alternatives uncover promise.Levine pronounced he was unhappy that a Florida Legislature did not approve a 2012 check that would have available utilities to compensate some-more than avoided cost-based rates for solar and other renewable power. While he is confident that legislators will approve a pro-solar magnitude this year, HERO can't bottom a plan expansion skeleton on that hope.
“Right now there are regulatory barriers that do not concede us to commend a combined value of choice appetite and therefore have detained a ability for a plan to be sufficient funded,” pronounced Levine. “As such, we are now commencement to demeanour for and aggressively inspect vital alternatives that will concede us to get a plan built. This plan is ideal for a right taxation equity partner or a association looking to enhance their vital footprint in a United States.”
Hamilton County, Florida, where a plan is located, has set aside $350,000 in an mercantile expansion extend for a project. Hamilton County Economic Development Authority Executive Director, Susan Ramsey, who has worked with HERO given a plan was recognised in 2009, commented, “On interest of a Board of Directors for a Hamilton County Development Authority, we are vehement that HERO continues to pierce brazen with this pioneering solar appetite plan …This plan will have a substantial, certain mercantile impact in Hamilton County by not usually a permanent jobs created, though a high volume of construction jobs and surreptitious jobs generated over a two-year build-out duration as well.”
“HERO is a extensive expansion event for a county’s economy and accomplishes a idea of ancillary immature energy,” she said. “We are tender with a swell done to date and continue to support HERO’s efforts and friendship to get this plan built.”
Levine serve commented, “HERO believes in Florida and a destiny as a personality in immature appetite expansion and production. We conclude a courtesy a Florida legislature has placed on these critical issues. We have met with and will continue to share ideas and try solutions with Governor [Rick] Scott and his staff, Agricultural Commissioner Adam Putnum and his staff, as good as legislators, lobbyists and other endangered parties in an bid to forge forward with a renewable appetite module that will concede critical projects like ours to be built and capacitate Florida to turn a personality in renewable energy.”
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Edited by Braden Becker