Panoche Valley Solar Farm

Panoche Valley Solar Farm
Location of Panoche Valley Solar Farm in California
Country United States
Location Panoche Valley, San Benito County
Coordinates 36°37′N 120°52′W / 36.62°N 120.87°W / 36.62; -120.87Coordinates: 36°37′N 120°52′W / 36.62°N 120.87°W / 36.62; -120.87
Status Proposed
Construction cost approximately $1 billion
Owner(s) PV2 Energy
Solar field
Type Flat-panel PV
Site area 3,200 acres (1,300 ha)
Power generation
Nameplate capacity 485 MW
Average generation 810 GWh

Panoche Valley Solar Farm is a proposed 399 megawatt (MW), utility-scale solar photovoltaic power station originally proposed by Solargen Energy in the Panoche Valley of Central California's San Benito County.[1][2] Panoche Valley is crossed by a 230-kilovolt (kV) power line from the Moss Landing Power Plant.[2] In April, 2011, PV2 Energy purchased the project, with Nevo Energy retaining a small equity interest, but no voting, governance or management input. In April 2012 PV2 Energy entered into a joint venture with Duke Energy, the largest utility in the U.S. with a $100 billion balance sheet. The cost is estimated at approximately $1 billion.[3] Solargen Energy changed its name to Nevo Energy, Inc., on May 12, 2011.[4]

The project site consists of 4,717 acres (1,909 ha) of private land in the northern portion of the valley. It is currently used for pasture-based livestock grazing on native grassland habitat.[5]

California utilities are mandated to get 33% of their energy from renewable sources by 2020. A December-2010 deadline previously loomed for qualification for U.S. federal stimulus funds in the form of ARRA money. Solargen would qualify to receive up to $360,000,000 if San Benito officials approved their project by the end of 2010. In October 2010, the San Benito County Board of Supervisors approved the company’s environmental impact report.[6][7]

See also

References

  1. ↑ "Panoche Valley, California". Retrieved 2010-06-16.
  2. 1 2 "Panoche Valley Solar Farm". San Benito County. Retrieved 2010-06-16.
  3. ↑ Environmentalists Eclipse Solar Energy
  4. ↑ nevo energy inc (NEVE:OTC US)
  5. ↑ Richman, Marty (May 25, 2010). "Marty: Solargen must clear economic hurdles". Hollister Free Lance. Retrieved 2010-06-16.
  6. ↑ Weber, Gretchen (October 13, 2010). "Marty: San Benito PV Array Clears a Key Hurdle". KQED. Retrieved 2012-04-26.
  7. ↑ "DEIR", cosb.us/Solargen.
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