Feb. 20, 2014
/PRNewswire/ -- SunEdison (NYSE:SUNE), a leading solar technology manufacturer and provider of solar energy services, and MIC Solar Energy Holdings, a subsidiary of Macquarie Infrastructure Company LLC (NYSE:MIC), today announced the completion of a 16.4 megawatt (MW) photovoltaic (PV) solar power plant located outside
on Davis-Monthan Air Force Base (AFB). The plant is the largest solar energy facility at any U.S. Department of Defense installation and is expected to reduce the Air Force's utility costs by
annually for the next 25 years.(Photo:
"This project was very rewarding for our team because we are helping save our fellow taxpayers' money," said
, president of
, SunEdison. "The Air Force, like other branches of the armed forces, is a perfect candidate for solar power because they have high electricity demands and often have large plots of underutilized land. We can help them use that land to generate significant cost savings that can be reinvested into our country."
The project became a reality thanks to a public/private alliance between
, SunEdison, The North American Development Bank (NADB), MIC Solar Energy Holdings, LLC, Chevron Energy Solutions and local officials. MIC Solar Energy Holdings, which specializes in infrastructure investments, took ownership of the project. The SunEdison Renewable Operation Center (ROC), which provides global 24/7 asset management, monitoring and reporting services, will manage plant operations through a contract with MIC Solar Energy Holdings.
The plant, which is located on two plots of previously underutilized land totaling 170 acres, is designed to provide 35 percent of the base's electricity requirements and is expected to generate enough electricity each year to power 5,173 houses. As the largest consumer of energy in the federal government, the Air Force is working to increase its use of renewable electricity to 25 percent by 2025.