| 
News
Releases
Florida Municipal Power Agency Signs Letter of Intent
for 10 Megawatts of Solar
Solar technology will serve FMPA’s commitment to
finding environmentally friendly solutions
ORLANDO,
Fla. -- July 22, 2008 – The Florida Municipal Power
Agency (FMPA) announced today that it has signed a letter
of intent with SunEdison for a 20-year power purchase agreement
to provide 10 megawatts of solar photovoltaic capacity at
several locations throughout the state.
The
agreement with SunEdison, North America’s largest solar
energy services provider, includes installation, construction,
monitoring and operation of the solar systems, which will
produce clean, renewable energy with no noise and little to
no water in operation.
“The
letter of intent is an important first step for Florida in
developing a solar program for our municipal utility members,”
said FMPA General Manager and CEO Roger Fontes. “We
are excited that large-scale solar power is becoming a reality
in the Sunshine State.”
SunEdison
CEO Thomas (Tom) Rainwater added, “This underscores
FMPA’s commitment to increasing renewable energy in
Florida. FMPA continues to find economies-of-scale in power
generation as it delivers unparalleled services to support
community-owned electric utilities. SunEdison is honored that
FMPA has chosen us to uphold its high standard in services.”
Once
completed, the photovoltaic systems are estimated to deliver
12.8 million kilowatt hours of solar energy in the first year
of operation, offsetting 17 million pounds of carbon. This
is equivalent to powering more than 1,200 homes and removing
1,670 cars from the road annually.
FMPA
and SunEdison plan to complete the negotiation, execution
and delivery of final project agreements in the fall, with
completed installation by the end of 2009. Under the terms
of the letter of intent, FMPA and SunEdison will begin inspections
of potential sites and locations at several FMPA member cities
for project development.
#
# #
Sun
Edison LLC is North America’s largest solar energy services
provider and operates across a global marketplace. SunEdison
provides solar-generated energy at or below current retail
utility rates to a broad and diverse client base of commercial,
municipal and utility customers. For more information about
SunEdison, please visit www.sunedison.com
Florida
Municipal Power Agency (FMPA) is a wholesale power company
owned by 30 municipal electric utilities in Florida. FMPA
provides economies of scale in power generation and related
services to support community-owned electric utilities. The
members of FMPA serve approximately two million Floridians.
FMPA’s members include Alachua, Bartow, Blountstown,
Bushnell, Chattahoochee, Clewiston, Fort Meade, Fort Pierce,
Gainesville, Green Cove Springs, Havana, Homestead, Jacksonville
Beach, Key West, Kissimmee, Lake Worth, Lakeland, Leesburg,
Moore Haven, Mount Dora, New Smyrna Beach, Newberry, Ocala,
Orlando, Quincy, St. Cloud, Starke, Vero Beach, Wauchula and
Williston. Additional information is available on the Internet
at www.fmpa.com.
FMPA
Contact:
Mark McCain
Assistant General Manager,
Public Relations and Human Resources
407 355-7767
|
