Southern Company subsidiary's solar generation expands to North Carolina
ATLANTA, Oct. 18, 2012
ATLANTA, Oct. 18, 2012 /PRNewswire/ --Southern Company today announced the
acquisition of the company's first solar installation in North Carolina – the
2.5-megawatt (MW) Granville Solar Facility – by subsidiary Southern Power and
Turner Renewable Energy. The project represents the partnership's fourth
joint solar acquisition.
The Granville Solar Facility is located on a 40-acre site in Granville County,
N.C., near Oxford. It is being built and will be operated and maintained by
SunEdison, a leading global provider of solar energy services and a subsidiary
of MEMC Electronic Materials (NYSE: WFR). Construction is under way and the
facility is expected to enter commercial operation later this month.
Ted Turner, owner of Turner Renewable Energy, teamed with a Southern Company
subsidiary in January 2010 to strategically develop renewable energy projects
in the United States.
The partnership's first project was the acquisition and development of the
30-MW Cimarron Solar Facility near Raton, N.M. It was, at the time of
purchase, the largest solar photovoltaic plant in the nation. The partnership
has since purchased the 20-MW Apex Solar Facility and the 30-MW Spectrum Solar
Facility, both of which are located in Clark County, Nev.
The Granville Solar Facility's output will serve a power purchase agreement
with Progress Energy Carolinas.
Southern Power, a subsidiary of Southern Company, is among the largest
wholesale energy providers in the Southeast, meeting the electricity needs of
municipalities, electric cooperatives and investor-owned utilities. The
company and its subsidiaries own and operate more than 7,800 megawatts with
facilities in Alabama, Florida, Georgia, Nevada, North Carolina, Texas and New
Mexico, and have an additional 720 megawatts under construction in North
Turner Renewable Energy is wholly owned by Ted Turner. Turner Enterprises,
Inc., a private company, manages the business interests, land holdings and
investments of Ted Turner, including the oversight of 2 million acres in 12
states and in Argentina, and more than 55,000 bison.
SunEdison is a global provider of solar-energy services. The company develops,
finances, installs and operates distributed power plants using proven
photovoltaic technologies, delivering fully managed and predictably priced
solar energy services for its commercial, government and utility customers. In
2011 SunEdison interconnected approximately 300 megawatts of solar throughout
the world. For more information about SunEdison, visit www.sunedison.com.
With 4.4 million customers and more than 43,000 megawatts of generating
capacity, Atlanta-based Southern Company (NYSE: SO) is the premier energy
company serving the Southeast. A leading U.S. producer of electricity,
Southern Company owns electric utilities in four states and a growing
competitive generation company, as well as fiber optics and wireless
communications. Southern Company brands are known for excellent customer
service, high reliability and retail electric prices below the national
average. Southern Company also is continually ranked among the top utilities
in Fortune's annual World's Most Admired Electric and Gas rankings. Visit our
website at www.southerncompany.com.
SOURCE Southern Company
Contact: Southern Company Media Relations, +1-404-506-5333 or +1-866-506-5333
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