Oregon Universities Break Ground on 5 MW Solar
August 23, 2011The Oregon University System (OUS) has broken ground on its Solar By Degrees initiative, which when completed will provide solar power to each of the states' seven higher-education campuses. The solar project will begin this summer with the installation of 27 acres of solar panels generating nearly 5 megawatts (MW) of electricity, and further installations will continue in 2012.
Utah-based Renewable Energy Development Corporation (REDCO) will provide the solar power for each of the campuses through a power purchase agreement (PPA), providing the campuses with power at or below current electricity rates. The OUS estimates savings of $6.6 million in utility rates over a 25 year period, at which point the panels will revert to campus ownership.
News Release -University System Launches State's Largest Solar Project
Additional Information - Oregon Universities Commit to Big Solar Energy Project
Contact - Di Saunders, 503-725-5714