SOLON Corporation, one of the largest providers of turnkey solar power plants in the U.S., has announced it has completed construction of 1.15 megawatts of solar systems for the Tanque Verde Unified School District (TVUSD). This school district is spread over four campuses which include two elementary, one junior high, and one high school. The solar systems are a combination of shade structures and rooftop systems, with over 4,000 solar modules. SOLON is the full service system provider and will continue to maintain the systems that were made possible through a 25-year solar services agreement (SSA) between the Tanque Verde school district and MP2 Capital, a leading investor in the renewable energy industry. In addition, local utility provider Tucson Electric Power (TEP) will purchase all of the environmental attributes generated by the system in the form of renewable energy credits (RECs), contributing to TEP’s renewable energy goals and helping to reduce the overall cost of the system. The financing structure of this agreement means that the district was not required to many any upfront investment to receive clean electricity at an affordable rate for a period of 25 years. The total output of this project for the first year in service is estimated to be over two million kilowatt-hours. On top of this project, SOLON is also providing an education package to the school district, including classroom monitoring of the systems’ outputs, access to the performance and weather data, and a renewable energy curriculum for elementary, middle and high school levels designed by TEP. This project has brought together the trusted organizations SOLON, MP2, and TVUSD to not only give the school district a source of clean electricity, but also the education of environmental consciousness in its classrooms.
Source: Mercom Capital Group, llc News Release- SOLON and MP2 Capital Complete Construction of Multi-Campus Solar System for the Tanque Verde Unified School District