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February 06, 2016 10:52 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Silicon Ranch Corporation

Company Overview

Silicon Ranch Corporation develops, owns, and operates utility-scale solar power purchase agreement projects for Fortune 500 companies. The company also owns and operates a solar array in Social Circle, Georgia; and a solar facility at Volkswagen's Chattanooga manufacturing facility in Tennessee. In addition, it operates a regional energy-training center that provides classroom and on-the-job training in solar installation, maintenance, and weatherization activities; and assists clients with project development and financing options. The company was founded in 2010 and is based in Nashville, Tennessee.

150 Third Avenue South

Suite 2000

Nashville, TN 37201

United States

Founded in 2010

Phone:

615-577-4786

Key Executives for Silicon Ranch Corporation

Chief Executive Officer and President
Vice President of Finance and Strategy
Vice Chairman and Chief Operating Officer
Vice Chairman and Executive Vice President
Co-Head of Greystone Infrastructure and Executive Director
Compensation as of Fiscal Year 2015.

Silicon Ranch Corporation Key Developments

Silicon Ranch Corporation to Begin Construction of Large-Scale Solar Facility for Green Power EMC

Silicon Ranch Corporation and McCarthy Building Companies Inc. announced that construction is set to begin at Silicon Ranch's 52-Megawatt (MW)AC solar energy plant in Jeff Davis County, Georgia that will provide power at cost-competitive rates to Green Power EMC for the next thirty years. In June, Green Power EMC and Silicon Ranch announced their agreement for the project, which will be the second large-scale facility brought online by the partners in less than a year when it is completed later this fall. The first, a 20 MWAC facility that was officially dedicated last month, is located less than a mile from where the 52 MW plant will be built. McCarthy is currently working with Silicon Ranch nationwide on projects in excess of 200 MW and plans to secure various local subcontractors and craftsmen to provide the bulk of on-site construction work for the 10-month project in Hazlehurst, just as it has done for all other Silicon Ranch facilities. The solar facility's construction, which will begin on February 1, 2016, is expected to support over 200 jobs. McCarthy will provide local workers seeking utility-scale solar construction experience with on-site training in pile driving, tracker assembly, and panel installation. The 52 MW array will occupy approximately 450 acres, will include technology that allows the panels to track the sun from east to west, and will produce enough electricity to serve approximately 8,500 EMC households.

Silicon Ranch and McCarthy Begin Construction to Provide Power to Poudre Valley Rural Electric Association for the Next Twenty Years

Silicon Ranch Corporation and the Renewable Energy Team of McCarthy Building Companies, Inc. announced that construction is underway at Silicon Ranch's 8-Megawatt AC solar power project in Weld County, Colorado that will provide power to Poudre Valley Rural Electric Association for the next twenty years. Poudre Valley REA announced earlier 2015 their signed Purchase Power Agreement with Silicon Ranch to develop the large 8-megaWatt project that will deliver renewable energy to PVREA members in Northern Colorado. Once construction completes in December, the 8 MWAC solar project will produce clean electrical power from nearly 100,000 solar modules, enough to power some 1,300 households. The solar initiative includes two Northern Colorado project sites of approximately 70 acres each; 'Valley View Solar' is located in Greeley, near the Windsor substation and 'Skylark Solar' is located near Severance, close to the Carey substation.

Silicon Ranch to Begin Construction on Large-Scale Solar Field

Silicon Ranch Corporation and Green Power EMC announced that construction is set to begin on Silicon Ranch's 20MWAC project in southeast Georgia. Silicon Ranch has selected Phoenix Solar to construct the ground-mounted solar project near Hazlehurst, Ga., in Jeff Davis County. Once completed, it will be one of the largest solar generating facilities in Georgia, occupying approximately 135 acres and incorporating over 89,000 solar modules. Furthermore, the facility will generate more than 43,000,000 kilowatt hours of clean, renewable electricity annually. That amount of clean energy offsets nearly 30,000 metric tons of greenhouse gas emissions, equivalent to the annual CO2 emissions from burning nearly 32,000,000 pounds of coal or, put another way, the emissions from more than 6,000 passenger cars. Phoenix Solar plans to secure local subcontractors and craftsmen to provide some of the on-site work for the 6-month construction project. The solar field's construction is expected to support between 100-200 direct and indirect jobs, with a direct financial impact estimated to exceed $25 million.

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