Capital Dynamics and First Solar completed 280 MW PV project in California
Post date: 28/05/2019 - 18:01
Capital Dynamics' Clean Energy Infrastructure (CEI), part of Swiss private asset manager Capital Dynamics AG, and First Solar, Inc. announced the completion and commercial operation of the 280 MW (ac) »California Flats« solar project. It is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project supports and complements the sustainable cattle operation of the ranch, which provides grass-fed beef to Whole Foods Market's Southern Pacific region, reducing pressure to use the ranch land for other commercial purposes.
The project, which covers approximately three percent of the area of the ranch, was built in two phases and is fully contracted under two long-term PPAs serving both utility and corporate renewable customers. First Solar completed development and constructed the facility after acquiring the project in 2015. Capital Dynamics acquired the project from First Solar in August 2017.
Construction of the project took approximately three years, creating about 2.1 million work hours, and had a peak construction workforce of over 1,100 people, says the company.