power52
power52
Snapshot
power52

power52

Selected

Ellicott city , MD

for the community by the community

Awarded:: TA Voucher, Participant

Team Information

Team Lead
Robert Wallace
Team Lead LinkedIn Profile
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State
Maryland

Project Description

Project / Program Description

The Power52 team intends to create a Special Purpose Entity (SPE) for the purpose of developing a grid-tied 18MWDC Solar PV facility (the “Project”) on land leased by Florida A&M University. The SPE’s goal will be to develop a turnkey Purchased Power Agreement (PPA)for all energy produced by the system. Norwegian Solar AS(https://www.norwegiansolar.com/) will finance the project. 5MWDC (36% of total facility) will be created to service LMI communities. In the event of non-payment for services, the 5MW is backstopped by the superseding PPA. All energy will be sent and delivered through Withlacoochee River Electric cooperative Utility. Florida A&M will use the project not only for economics, but also as an educational opportunity for the students. Florida A&M is one of 107 Historically Black Colleges and Universities (HBCU)











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