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Utility Scale
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Globally, very large utility-scale photovoltaic (PV) solar installations are contributing to increasing amounts of clean, renewable energy to electrical grids. The environment and economic benefits of these utility solar park developments are significant. The positive impact of leveraging unused, remotely located tracts of land to reduce our dependency on electricity generated from fossil fuels can be measured in both environmental and economic benefits.
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Every acre of land dedicated to solar electricity production has a positive social and environmental impact, and works toward reducing electricity costs for rate payers. During the development and construction of utility-scale installations, Solar Power, Inc. taps into local communities to create teams that include local professional advisors, subcontractors and people skilled in a variety of trades. With project cycles of one year or longer, a large-scale solar park begins to contribute to local economies at its inception.
Solar Power, Inc.'s utility scale projects provide unique opportunities for a number of key stakeholders in both public and private sectors. SPI works closely with a number of finance partners, equity investors and electrical utilities to enable the successful development of these large-scale solar parks. Like many commercial PV solar site installations, Power Purchase Agreements (PPA) provide the financing structure to enable development, and SPI has close ties to a number of financing partners who specialize in executing PPAs that establish a secured income stream and provide tax benefits for investors.
SPI's ability to manufacture low-cost, high-quality products designed for delivery as fully integrated solutions spans the spectrum of PV solar needs for a rapidly growing global market. Every solar-park project receives the attention of SPI's exceptional management team and is backed by a 30-year performance guarantee on SPI's modules which are top ranked by the California Energy Commission.
To learn more about our utility-scale developments, please contact us today.
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