- Press Releases
April 28 (Renewables Now) - The Tennessee Valley Authority (TVA) has contracted 212 MW of solar projects in Tennessee and Mississippi to supply electricity to the Knoxville Utilities Board (KUB), which is enrolled in one of its green programmes.
More specifically, TVA has signed a 20-year power purchase agreement with First Solar Inc (NASDAQ:FSLR) for its 177-MW Ridgely Energy Farm in Tennessee’s Lake County. The other 35 MW come under a deal with Origis Energy for a 200-MW solar project in Mississipi’s Lowndes County.
Through the TVA Green Invest scheme, KUB has secured carbon-free electricity equal to 8% of its annual electric load. Long-term off-take deals under the specific programme, available to local power companies, businesses and industrial customers, are awarded through competitive bidding.
“We launched Green Invest to help local power companies and businesses meet their sustainability goals by building new large-scale solar facilities across our region,” noted Doug Perry, vice president of commercial energy solutions.
TVA serves parts of seven southeastern states -- Georgia, Kentucky, Mississippi, North Carolina, East, Middle and West Tennessee and Virginia. Almost 60% of its energy supply is carbon-free, the agency says.