in News Departments > Projects & Contracts
print the content item

Constellation, a business unit of Exelon Corp., has announced the completion of an aggregate 5.7 MW solar generation project for Portland General Electric (PGE) in Lake County, Ore. Constellation financed, owns and operates the solar power system. In return, PGE purchases and receives all of the electricity generated by the solar panels at a fixed rate from Constellation under a 25-year solar power purchase agreement (PPA).

"Portland General Electric is working hard to diversify its portfolio of renewable generating resources while maintaining a reliable supply of power for its customers," says Jim Lobdell, PGE's vice president for power operations and resource strategy. "The project marks a significant addition to that effort, and will help us serve homes and businesses in our service area for years to come."

The project, which comprises more than 20,000 ground-mounted photovoltaic panels, was supported through a grant from the Energy Trust of Oregon and a business energy tax credit from the Oregon Department of Energy. Through its PPA with Constellation, PGE did not have to commit up-front capital to build the project and retains the environmental attributes of the project to meet the state of Oregon's renewable portfolio standard requirements.

The solar project was co-developed by Obsidian Finance Group and Smart Energy Capital. Belectric Inc. provided engineering, procurement, construction services and construction financing before Constellation acquired the project, and Belectric will also provide operations and maintenance services.


Hse SandyHook
Latest Top Stories

SaskPower Halts Smart Meter Installations Following Fires

The Canadian utility has suspended its smart meter deployment as it investigates half a dozen fires associated with the meters.


New Study Underscores Value Of Customer Engagement, Ranks Most-Trusted U.S. Utilities

According to the report, which analyzes 125 utilities across the country, earning a customer's trust can lead to monetary gains.


Washington State Doles Out Cash For Utility Energy Storage Projects

Three utilities have been awarded millions of dollars in grants to explore energy storage technology that could help integrate renewable and improve the power grid.


Utilities Reveal Just How Much Customers Are Saving With Energy Efficiency Programs

Two U.S. utility companies have issued progress reports and solid numbers regarding their respective initiatives.


Middle East And North African Countries To Spend Billions On Smart Grids, Solar Integration

According to a new report from Northeast Group LLC, the MENA region will make big investments to modernize the grid and add more solar power by 2024.

S&C Electric_id176
edf_id180