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April 17, 2019

sPower obtains approvals for 500MW solar project in US

US-based renewable energy provider sPower has received three special use permits from Spotsylvania Board of Supervisors for its proposed 500MW solar project.

US-based renewable energy provider sPower has received three special use permits from Spotsylvania Board of Supervisors for its proposed 500MW solar project.

The solar project will be built in Spotsylvania County, Virginia and be carried out in a phased manner over the next two years. Once complete, it is expected to generate more than $20m in new tax revenue for the county.

sPower CEO Ryan Creamer said: “sPower is excited to get this final vote of approval. We are pleased with how hard our staff and the county supervisors have worked to create what will be a world-class project that will be a source of pride for everyone in the county.

“We are also proud to be able to generate enough power with this project to supply the equivalent of approximately 111,000 homes and offset 340,000 tonnes of carbon dioxide emissions each year.”

“We are proud to be able to generate enough power with this project to supply the equivalent of approximately 111,000 homes each year”

The project is expected to create around 800 employment opportunities in the region during construction and 35 full-time jobs upon completion. The company is also planning to organise local career fairs and job training programmes in order to fill the jobs for this project

sPower Solar Development director Daniel Menahem said: “This is a landmark project for sPower, Spotsylvania and the Commonwealth of Virginia, which will bring hundreds of new jobs and new tech investment to the area.

“Over the last year, we have worked closely with County staff, officials, and citizens to ensure that this project fits well with the character and community of Spotsylvania.”

sPower is a joint venture company between Virginia-headquartered electric power distribution company AES and the Alberta Investment Management (AIMCo) company.

In February 2017, AES and AIMCo signed an agreement to acquire FTP Power (sPower) in the US for $853m.

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