8minutenergy Energizes Phases 1 and 2 of 328 MW Mount Signal Solar Farm

Renewables, LLC (“8minutenergy”), the largest independent solar
power developer in the U.S., has energized Phases 1 and 2 of the 328
megawatt-dc Mount Signal 3 solar photovoltaic (PV) project in the city
of Calexico in California’s Imperial Valley. The project is part of the
800 MW Mount Signal Solar Farm, which is among the largest PV
installations in the world. With full commissioning of the plant
underway, 8minutenergy expects to bring Mount Signal 3 to commercial
operation by the end of 2018.

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8minutenergy’s 800 MW Mount Signal Solar Farm Among the Largest PV Plants in the World (Photo: Business Wire)

“We’re proud to hit this exciting phase of the Mount Signal solar
cluster–one of the largest in the world. This project is important to
the Imperial Valley’s future given the amount of abundant and reliable
solar power that will be delivered to the region for decades to come,”
said 8minutenergy CEO and Founder, Martin Hermann. “As the original
developer of the 260 MW Mount Signal 1 project, we are thrilled to see
the next project coming to fruition.”

8minutenergy and Capital Dynamics announced
the acquisition of MS3 less than a year ago, with 8minutenergy
continuing as the developer of the project. Benoit Allehaut, who led the
acquisition by Capital Dynamics, described the value of the ongoing
partnership between both firms: “Capital Dynamics is delighted about the
excellent progress on Mount Signal 3. 8minutenergy demonstrated its
world-class development and construction management capabilities with a
project ahead of schedule and on-budget.”

Mortenson Construction is providing the engineering, procurement, and
construction (EPC) contracting. First Solar supplied the 2.8 million
Series 4 thin-film solar panels being used, and NEXTracker supplied its
NX Horizon smart solar tracker. Southern California Edison and
8minutenergy signed a long-term power purchase agreement for the
project’s clean energy in 2014.

“All of our dedicated partners have been invaluable in ensuring this
important project will be completed on time,” said 8minutenergy
President and Co-Founder, Tom Buttgenbach. “We would like to thank
Imperial County’s Board of Supervisors, and the entire staff of the
County administration, all of whom have been continuously supportive
during the construction of this project. We send additional thanks to
the local community, environmental groups, and an outstanding local
workforce for enabling us to build Mount Signal 3 ahead of schedule, and
in an environmentally-friendly manner.”

Once complete, Mount Signal 3 will deliver over 770 million kilowatt
hours (kWh) of clean, renewable power to residents of the 15 surrounding
counties each year–enough energy to power more than 114,000 homes, and
reduce carbon emissions by more than 530,000 metric tons each year.
Mount Signal 3 is being built upon 2,000 acres of formerly
low-productivity farmland, and its creation will significantly reduce
water usage in the region, as well as protect wildlife habitat during
construction and operation. Mount Signal 3’s development and
construction is creating over 600 jobs in the region.

About 8minutenergy Renewables, LLC

Founded in 2009, 8minutenergy Renewables is the nation’s largest
independent developer of solar PV and storage projects. To date,
8minutenergy has 8.5 GW of PV and storage under development in North
America, operates 800+ MW in solar assets, and been awarded nearly 2 GW
in power purchase agreements. The company is developing some of the
largest solar plants in the world, including the 800 MW Mount Signal
farm in California. 8minutenergy has an unmatched ability to produce
affordable clean energy, and to deliver strong financial returns on
utility-scale solar and storage projects.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005269/en/

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