Innovative Solar pursues another big North Carolina project

Innovative Solar Systems LLC on May 5 filed with the North Carolina Utilities Commission the latest in a series of recent applications for major solar projects that would supply power to Duke Energy (NYSE: DUK).

Innovative Solar Systems is seeking a Certificate of Public Convenience and Necessity on behalf of a solar project currently under development by affiliate Innovative Solar 42 LLCOver the last three years, the Innovative Solar management team has developed a number of renewable energy projects and currently has over 600 MW of projects in various approval stages with Duke Energy, the application noted.

Innovative Solar 42 will develop a $135m, 75-MW (ac) solar photovoltaic system located at 7550 Rufus Johnson Rd., Fayetteville, N.C., in Cumberland and Bladen counties. The system will be ground mountedand comprised of major system components considered “Tier 1” quality in the solar industry. This distinction is required by the institutional investment community who need for the manufacturers to be “bankable” with enough to service the warranties that accompany their products, the application said.

The Innovative Solar 42 project is estimated to have a commercial operation date of Nov. 1, 2015. The project will be interconnecting to Duke Energy at the transmission leveland selling electricity via a 15-year Power Purchase Agreement to Duke Energy with the Qualified Facilities Tariff.

Forecasted annual sales for the facility are 124,024,690 kilowatt-hours in Year 1, with an expected 0.5% reduction in sales each year thereafter, as per the standard expected long-term degradation of photovoltaic systems.

The company contact is: John Green, Senior Electrical Engineer and co-founder, 828-215-9064, johngreen@bellsouth.net.

In other recent applications from the company:

  • The Innovative Solar 31 LLC affiliate of Innovative Solar on May 1 filed with the North Carolina commission a renewable energy registration for a 35-MW (ac) solar photovoltaic project to be located in Bladen County, N.C. The $63m project would be located at 299 White Farm Lane in Bladenboro and would interconnect to the Duke Energy system. The project is to be in-service around Nov. 1, 2015. Also, a May 2 certificate application was filed for the Innovative Solar 31 project.
  • Innovative Solar Systems applied April 28 at the North Carolina commission for a Certificate of Public Convenience and Necessity for a $144m, 80-MW (ac) solar project to be located in Hope Mills, N.C. The project company is Innovative Solar 46 LLC. This project is estimated to have a commercial operation date of Nov. 1, 2015.
  • Innovative Solar 41 LLC, filed a similar certificate application on April 25 with the North Carolina commission for a $90m, 50-MW (AC) solar photovoltaic system located at 752 Turnbull Rd. in Garland in Bladen County. The Innovative Solar 41 project has a commercial operation date of Nov. 1, 2015.
About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.