Hexagon Energy wins North Carolina nod for 5-MW Bay Branch Solar project

The North Carolina Utilities Commission on Sept. 6 approved an April 18 application from the Bay Branch Solar LLC affiliate of Hexagon Energy LLC for a certificate of public convenience and necessity for construction of a 4.95-MW (ac) facility to be located at 6254 US Route 17, Chocowinity, Beaufort County, North Carolina.

Bay Branch Solar was organized in the state in March of this year. Its sole member is Hexagon Energy, whose officers include: Matthew Hantzmon, Founder/Chairman; and Drew Price, Managing Director.

This is to be a solar photovoltaic array consisting of approximately 18,240 PV modules mounted on single-axis tracking arrays and six 825-kW inverters (or equivalent).

It is intended that the facility be operational by Dec. 31, 2017. The facility will interconnect to the Chocowinity 230-kV substation operated by Duke Energy Progress and would sell electricity to Duke Energy Progress via a 15-year Power Purchase Agreement at the standard purchase rates found in the Cogeneration and Small Power Producer (CSP) tariff.

Projected annual sales for the $10.2 million facility are 8,986,000 kilowatt hours in the first year. Sales for each subsequent year are projected to be reduced by 0.5% year-over-year per the expected degradation of polysilicon PV systems.

Project contact information is: 302 Park St, Suite 300, Charlottesville, VA 22902, phone (434) 987-5452, nford@hexagon-energy.com.

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.