BlueChip acquires 300 acres to complete 100MW solar project

January 16, 2012
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BlueChip Energy has announced that the Commission of the City of Eustis, Lake County, US, authorized the mayor to execute a commercial lease with the company for 300 acres of land to be developed into a 60MW solar farm. The property, owned by the city, was used as a wastewater spray field and is no longer needed.

The 300-acre property is adjacent to the 40MW Sorrento Solar Farm now under construction. The combined solar farm of 100MW will become one of the largest solar power plants in the US upon completion. BlueChip Energy previously secured connection to the power grid through agreements with Progress Energy and SECO.

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“This agreement is beneficial for both the City and BlueChip,” said Paul Berg, Eustis City manager. “It provides BlueChip a location with immediate access to the grid and the city benefits from using alternative energy source to power its water and wastewater facility as a portion of BlueChip’s lease payment. Ultimately, the lease will provide over US$150,000 in payments to the City for the use of the property, and the energy provided will be fully renewable over a long period of time.”
 

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