Competitive Power Ventures (CPV) announced its latest renewable energy project, Maple Hill, a 150-MW solar facility in Portage and Summerhill Townships, Pennsylvania. Construction could begin as early as the end of 2020.
This follows the Federal Energy Regulatory Commission’s recent decision to expand the Minimum Offer Price Rule (MOPR), which provides a solid ground for new infrastructure investment, including renewable development, and safeguards the competitiveness of the markets.
“As a leader who makes job creation and business investment top priorities, I enthusiastically welcomed CPV’s $1 billion investment that created Fairview Energy Center in Jackson Township,” said Frank Burns, state representative. “The continued partnership between good government and private investment is bringing further good news to Cambria County, in the form of the Maple Hill project.”
Maple Hill is one of the first solar projects of its kind in Western Pennsylvania. Located on already cleared timber property, the project will employ 150 to 200 workers at peak construction and will bring significant tax benefits to Cambria County.
“CPV’s mission of modernizing U.S. power generation means we are making significant investments in renewables and highly efficient, flexible natural gas generation to create the electric grid of the future,” said Sean Finnerty, executive VP of CPV. “I’m proud of the wide scope of CPV’s efforts and the progress we are charting in the power generation sector to reduce emissions while maintaining grid reliability. Maple Hill exemplifies our commitment to providing safe, reliable, cost-effective and environmentally-responsible power and will have a significant positive impact on the Pennsylvania energy sector.”
News item from CPV