Projects like Neuse River Solar Farm represent the future of our economy. It takes innovators and entrepreneurs to build an industry.
Charlotte, NC (PRWEB) January 08, 2012
NxGen Power LLC, headquartered in Charlotte, NC, has completed and placed into service a 1.3 megawatt solar photovoltaic array in Raleigh, NC. The solar power plant is located on City of Raleigh property at the Neuse River Wastewater Treatment Plant and represents the largest solar installation on municipal property in North Carolina.
Under the terms of the lease agreement with the City of Raleigh, approved by the City Council, NxGen Power will own and operate the array and sell the output to Progress Energy Carolinas for distribution to its customers. No City capital investment was required for this project. Southern Energy Management, winner of the City's 2011 Environmental Stewardship Award, designed, engineered and constructed the project.
The solar photovoltaic array is expected to generate approximately 1.7 million kilowatt-hours of electricity per year, reducing carbon dioxide emissions by more than 1,300 tons annually. This is equivalent to the carbon dioxide emissions from the use of about 140,000 gallons of gasoline.
Michael Byrnes, president and chief executive officer of NxGen Power, said, “Today’s milestone is a culmination of a lot of hard work and perseverance by NxGen Power, Southern Energy Management, the City of Raleigh and Progress Energy . It represents a great achievement in building the energy economy in here in NC.”
About NxGen Power:
NxGen Power, LLC is a developer and operator of renewable energy facilities. NxGen Power utilizes strategic partnerships and institutional investors to help utility, government, school and commercial customers meet their renewable energy goals without the upfront cost. The company works to educate and to provide customers the opportunity to harness the power of the sun through the use of solar energy and other innovative technologies. NxGen Power is changing the dynamic of energy use by building clean, sustainable, distributed generation facilities and producing power where the power is being used. The company is headquartered in Charlotte, N.C. For more information, visit http://www.nxgenpower.com.
NxGen Power: 704-837-7758
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