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CVEC selects American Capital Energy for 18MW solar project on Cape Cod and Martha’s Vineyard

American Capital Energy (ACE) has won the Cape & Vineyard Electric Cooperatives (CVEC) bid to construct an 18.3MW solar project on Martha’s Vineyard and Cape Cod.  The solar project will be built across 10 proposed sites in seven of CVEC’s member towns on the Cape and Vineyard, with one of the projects having a proposed installation site at the capped Harwich landfill. The 18.3MW solar installation should produce 22,552,200kWh of energy per year, equivalent to 26% of the Cape and Vineyard’s municipal load and 1.1% of the total energy load for all customers on the islands. 

As part of its agreement for selection to develop the solar projects, ACE will advertise for local installation and/or maintenance subcontractors to install the PV projects. The company is projecting that not only will the project create 500 full time jobs during development, but will save CVEC member towns and counties US$1.4 million per year.


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    Forecasting the evolution of a young, dynamic industry is by definition an uncertain business, and solar is no exception. Rarely, if ever, do the numbers broadcast by any of the various bodies involved in the PV prediction game tally, and even historical deployment rates remain the subject of hot debate. The paradox is that getting forecasts broadly right is going to become increasingly important over the next few years, particularly for those involved in producing the equipment that will support whatever levels of demand come to pass.



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