8minutenergy Renewables Receives Approval for 90 Megawatt Lotus Solar Farm from Madera County Planning Commission

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Solar PV Project in Madera County, Calif., Granted Conditional Use Permit (CUP)

8minutenergy Renewables, LLC, a leading independent solar PV developer based in California, today announced that the Madera County Planning Commission has unanimously approved a Conditional Use Permit (CUP) for its 90 Megawatt (up to 90MW-AC) utility-scale photovoltaic (PV) Lotus Solar Farm in Madera County, Calif.

Lotus Solar Farm is sited on 459 acres of private, disturbed grazing land. It is already in the advanced stages of engineering development. Once operational in late 2013, Lotus Solar Farm will produce enough electricity for approximately 34,000 households in California.

“I support 8minutenergy's solar project because I believe it will bring economic benefits in the form of new jobs and increased tax revenues to the people of Madera County,” said Ronn Dominici, chairman of the Madera County Board of Supervisors.

“We are pleased that the Madera County Planning Commission recognizes the value of clean renewable solar energy development in the region,” said Martin Hermann, chief executive officer of 8minutenergy Renewables, which has over 2,000 MW and 15,000 acres of private, disturbed land under development for renewable solar projects in California. “We look forward to continuing to work with the County and all other parties involved to further develop this solar generation plant.”

“Lotus Solar Farm will generate clean renewable energy for the people of California, and bring jobs and economic benefits to Madera County,” said Tom Buttgenbach, president of 8minutenergy Renewables. “This project will create 12 new permanent jobs and several hundred construction jobs, and contribute $118 million in economic benefits to the region, including $2.7 million in additional property and sales taxes. We appreciate the role local support is playing in helping our project progress.”

8minutenergy has over 2,000 MW of solar PV power under development in California. All 8minutenergy solar projects are considered in-state resources and are located on disturbed, low-value farm land. 8minutenergy strives to ensure that its solar power projects provide low cost, clean renewable energy from the sun with low environmental impacts, particularly when compared with public lands projects on pristine desert wildlands.

The Lotus Solar Farm will displace the equivalent of approximately 105,000 metric tons of carbon dioxide (CO2) per year of a coal plant, which is equal to the amount that roughly 5.6 million trees would displace annually. The Lotus Solar Farm project in Madera County is sited on privately-owned previously disturbed farmland. The soil quality of the land is considered poor for row crops. None of the land has Class I soils on site. The primary use of the land is for sheep to graze.

About 8minutenergy Renewables, LLC
8minutenergy is a California-based company that is passionate about helping California develop its renewable energy industry and is developing more than 2,000 MW of solar PV projects all located on private, disturbed and low-value farm land within California. 8minutenergy’s development team is the largest focused on solar PV in California and the United States. In concert with our partners, 8minutenergy delivers complete solar power plant solutions, including all aspects of development, financing, engineering, construction, operation and maintenance. 8minutenergy's proprietary transmission, land and economic analysis process and tools helps select optimal power plant sites for accelerated permitting with counties and utilities. 8minutenergy has offices in Folsom, Los Angeles, San Francisco, San Diego and El Centro, California. For more information, please call (916) 608-9060, send email to info(at)8minutenergy(dot)com or visit http://www.8minutenergy.com.

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Kent Streeb
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