A 1.75-MW solar facility is planned for Kern County, California. The known as the ‘Nickel 1’ solar project is being developed, funded, and constructed through Greenleaf-TNX and Cenergy Power.
“The aim of California’s current Feed-In Tariff program is to help the state meet its renewable energy mandates without excessively increasing the cost of electricity to consumers,” notes Bill Pham, CEO of Cenergy Power. “This has been a very difficult balance to strike for solar projects, as there have been very few successfully commissioned solar projects under this program since its commencement in February 2008. With partners like Greenleaf, however, the sustainable development and construction of small distributed solar power plants can now become a reality in California. We intend to build many more solar power plants of this nature with Greenleaf in the foreseeable future.”
Tom Yap, Partner at Greenleaf-TNX Management, says the company is pleased to be working with Cenergy Power to finance and own one of California’s first small-generator feed-in projects. “Despite the challenging environment, I am honored that we have been able to provide the financing for this project in partnership with Cenergy,” he says. “The success of financing and constructing such projects will be a powerful influence towards meeting grid parity with renewable technologies inside the U.S.”
Cenergy Power www.cenergypower.com
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