Clean Energy Pathways and Green Mountain Properties have signed a joint venture agreement that will see the companies collaborate on a 4MW, US$28 million, solar PV plant in Green Mountain, North Carolina. Green Mountain will supply the 40 acres of land where the facility will be built, while Clean Energy acts as lead developer.
ESA Renewables has been contracted by Clean Energy Pathways as a co-developer and will deliver a turnkey solution that is said to allow the project to be fully operational within four to six weeks after breaking ground. Jeff Burkett, CEO of ESA Renewables, confirmed the time frame, stating, “ESA employs a technique that allows us to build a 4MW solar power facility in fewer than 8 weeks after we have received permits.”
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Clean Energy Pathways will own the plant, which is anticipated to produce almost US$5.7 million in revenue for the company in the first year. Company CEO, J. Michael Parsons commented, “This first solar power development is the beginning of a pipeline of such projects we have planned for 2011.”