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2 MW Community Solar PV Project in Texas, USA

$2,500,000.00

108%

$2,310,000.00 of Goal

Remaining Amount: $0.00

last funded at 2020-10-18T09:46:42-04:00

1 Investor

  • PV System Size (MWp):
  • Target Investor IRR (%):
  • Estimated Annual GWh:
  • Minimum Investment ($):

Shares Not Available

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Community solar is the sharing of renewable solar power from a centralized source. It’s like a cooperative solar farm where all the participants also known as stakeholders are able to invest as much or as little as they want in the solar farm.

Project Info
Project Details
Country

Inverter AC Nameplate (kW)

1,540

Inverter Size (kW)

1,540

Interconnection Type

Grid Tied

PPA Rate ($/kWh)

0.039

PPA Status

PPA Pending

Estimated Annual KWh

4,200,610

Estimated Annual GWh

4.20

Off-taker Category

Utility

Performance Ratio (%)

88

System Loss (Total %)

12

PPA Term (Years)

15

Solar Project Phase

Development, Proposal

Solar Site Lease

Yes

Solar Project Developer
Name: Craig Donnelly
Nick Name: admin

Community solar is being actively pursued in Texas—by Municipally Owned Utilities, Electric Cooperatives, Investor Owned Utilities, and Retail Electric Providers proving that Texas offers a conducive environment for community solar. In fact, the number of active Texas community solar projects grew from two to five between 2015 and 2016. Many more projects are expected to come online in 2017 and beyond.

Texas is poised to further expand community solar thanks to its permissive regulatory environment, availability of financing (in part due to the extension of the Federal Investment Tax Credit), and falling solar costs.

Solarcollab has an active community solar development program where we fund community solar farm projects across Texas with the following .

Austin Energy

Austin Energy serves Travis and a small portion of Williamson County. Austin Energy’s community solar program is currently in development but plans to be available to the community soon!

CPS Energy

Do you live in or around San Antonio? Check out CPS Energy’s Community Solar Program! CPS Energy serves the City of San Antonio, Bexar County and parts of Medina, Comal and Atascosa Counties.

CoServ Electric

Check out the CoServ Solar Station! CoServ Electric serves portions of Denton, Collin, Tarrant and Dallas Counties.

El Paso Electric

In 2017, El Paso Electric will begin operating its first Community Solar Program! El Paso Electric serves portions of Texas in El Paso, Hudspeth and Culberson Counties and New Mexico.

Mid-South Synergy

Check out Mid-South Synergy’s Synergy Solar Program, offering a maintenance free solution to going solar! Mid-South Synergy serves communities in Grimes and portions of Walker and Montgomery Counties.

MP2 Energy

MP2 Energy is offering farm-to-market solar energy through the LocalSun Program! The program is available to Houston-area residents.

TXU Energy

the TXU Energy Solar Club offers a consumer the choice to have the first 500 kW of electricity each month be purchased from solar farms in Texas.

Pedernales Electric Cooperative

Pedernales Electric Cooperative is currently constructing 15 separate 1 MW arrays which are being developed as a cost-efficient addition to the power generation and the future of community solar for the electric cooperative. Pedernales Electric Cooperative serves communities in 24 counties in the Texas Hill Country.

 

 

 

 

Cashflow and Energy Projections

Targeted Project Costs

  • DC System Size (kWp):
  • DC/AC Load Ratio:
  • Performance Ratio (%):
  • Interconnection Type:

Investment Projections

  • Minimum Investment ($):
  • Target Investor IRR (%):

Solar Farm Land Details

  • Site Land Size (Acres):

Landowner Benefits

Land Lease
Agreement

2 MW Community Solar PV Project in Texas, USA

2 MW Community Solar PV Project in Texas, USA

Land Lease Agreement is confidential
Signin/Register

Solar Project
Summary and Design

2 MW Community Solar PV Project in Texas, USA

2 MW Community Solar PV Project in Texas, USA

Community Solar – Offering Circular is confidential
Signin/Register

Community Solar
Offering Circular

2 MW Community Solar PV Project in Texas, USA

2 MW Community Solar PV Project in Texas, USA

Community Solar – Offering Circular is confidential
Signin/Register

Off-taker PPA
Operating Agreement

2 MW Community Solar PV Project in Texas, USA

2 MW Community Solar PV Project in Texas, USA

Land Lease Agreement is confidential
Signin/Register

Solar Farm
Pro Forma Financials

2 MW Community Solar PV Project in Texas, USA

2 MW Community Solar PV Project in Texas, USA

Community Solar – Offering Circular is confidential
Signin/Register

Interconnection
Packet

2 MW Community Solar PV Project in Texas, USA

2 MW Community Solar PV Project in Texas, USA

Community Solar – Offering Circular is confidential
Signin/Register
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2 MW Community Solar PV Project in Texas, USA

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