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SRP to Unveil 100-Megawatt Solar Project

Eloy, AZ—Salt River Project announced today a collaboration to invest in clean, green energy with zero emissions and provide 100 megawatts of solar generation to the growing Intel Chandler facility.

As part of a commitment to invest in more renewable energy and reduce carbon emissions, SRP and Intel reached a 15-year agreement to provide energy from a solar plant that will be built in Eloy, Ariz. by sPower, an AES (NYSE: AES) and AIMCo company.

The solar plant will support Intel’s Chandler Ocotillo Campus, one of its largest global, semiconductor manufacturing sites.

“We are excited this collaboration will drive new, additional solar facilities in Arizona,” said Marty Sedler, Intel’s Director of Global Utilities and Infrastructure. “This effort helps support our portfolio approach to use a greener and more sustainable energy supply. Intel will continue to look for additional innovative ways to provide a more sustainable electric supply, globally, in all locations where we operate.”

This project contributes to SRP’s 2035 goals, which include a commitment to reduce the amount of carbon dioxide emissions from power generation by 33 percent.

“An important part of meeting SRP’s carbon objectives is to work with large customers to provide them with renewable energy solutions that also meet their sustainability goals,” said SRP General Manager and CEO Mike Hummel. “This is a great example of how utilities and their business customers can work together to promote sustainability.”

SRP is a community-based, not-for-profit public power utility and the largest provider of electricity in the greater Phoenix metropolitan area, serving more than 1 million customers.

About sPower: Headquartered in Salt Lake City, Utah, sPower is a leading independent power producer (IPP) that owns and operates more than 150 renewable generation systems across the U.S. We operate a leading wind, solar and storage portfolio of nearly 2.0 GW, with 15 GW of projects under development. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), Fortune 500 global power company, and the Alberta Investment Management Corporation (AIMCo), one of Canada’s largest and most diversified institutional investment managers.

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Original Article: media.srpnet.com/srp-to-unveil-100-megawatt-solar-project