TAEBC’s first Energy Connect event a success; Thanks to sponsor Bradley

TAEBC kicked off its new summer event series with an Energy Connect networking opportunity in Nashville at the headquarters of event sponsor and member Bradley (formerly Bradley Arant Boult Cummings) in early May.

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Left to right: Energy Connect event sponsor Chris Bowles with Bradley; Speaker John Bradley with TVA; and TAEBC President and Charter member Silicon Ranch’s Matt Kisber.

More than 20 TAEBC members and Bradley invitees attended to hear a presentation on economic development from TVA’s John Bradley.

Energy Connect events are sponsored by members and for members. With a sponsorship, members choose their event type and TAEBC promotes and secures attendance.

TAEBC’s Energy Connect gives members the opportunity to network more times during the year, increase the visibility of their business, and share expertise and information.

Energy Connect events can include:

  • Factory or facility tour
  • Featured speaker for coffee, lunch or happy hour
  • “Lunch and learn” style information sharing lecture
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Thank you Energy Connect sponsor Bradley.

Stay tuned for more information on upcoming events. For sponsorship info visit here. For up-to-date TAEBC events, check the calendar on the website.

Silicon Ranch Closes Equity Investment, Announces TVA Partnership

It’s been a busy Spring for TAEBC Charter member, Silicon Ranch Corporation. The Nashville-based developer, owner and operator of solar energy plants in the U.S. announced in late April that the company has closed on a $100 million equity investment from Partners Group, a global private markets investment management firm.

silicon-ranch-logoOn the heels of the investment, Silicon Ranch also announced the awarding of a long-term power purchase agreement for a 53 MW solar project at Naval Support Activity in Mid-South in Millington, Tenn. The solar array will be the largest in Tennessee and will provide power to TVA customers for the next 20 years.

Both of these announcements further demonstrate Silicon Ranch’s commitment to the development of the advanced energy sector within Tennessee.

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Silicon Ranch President & CEO Matt Kisber at Nashville headquarters.

The platform investment from Partners Group “will allow Silicon to accelerate its business model of developing to own all projects for the long-term.” said Silicon Ranch President and Chief Executive Officer Matt Kisber, who is also TAEBC’s Board President.

While the solar industry is experiencing a rapid, and dynamic expansion in the U.S., Tennessee remains poised to capture a significant share of the solar market with projects such as the 53 MW solar array in Millington.

According to TVA and Silicon Ranch, the project will occupy over 400 acres and feature a single-axis tracking system to allow an estimated 580,000 panels to follow the sun across its daily arc. To support the facility, Silicon Ranch acquired 330 acres from the Millington Industrial Development Board and signed a real-estate lease with the Department of the Navy for another 72 acres of base land at NSA Mid-South. The capacity generated on the Navy’s property will contribute to the department’s One Gigawatt initiative to enhance energy security and resiliency. The project includes electrical infrastructure upgrades to provide additional benefit to NSA Mid-South.

Silicon Ranch has been a mover for several years in many geographies and was responsible for the first large-scale solar facilities in Tennessee, Georgia, Arkansas, and Mississippi. Silicon Ranch recently completed its first projects in Colorado and will significantly expand its portfolio across the U.S. over the next 18 months through organic growth and strategic corporate development.

Silicon’s additional Tennessee solar projects include the Volkswagen Chattanooga Solar Farm, Hospital Corporation of America, Memphis Bioworks and Memphis Agricenter.

TAEBC applauds Silicon Ranch for its continued success and commitment to being a driver of advanced energy advancement in Tennessee and thanks TAEBC Matt Kisber for his support of the organization.

For more information about Silicon Ranch, visit siliconranchcorp.com.

 

TAEBC member Silicon Ranch Corporation to build and manage what will be the largest solar field in Arkansas

Aerojet Rocketdyne, a GenCorp company, and Arkansas Electric Cooperative Corporation have signed agreements with TAEBC member Silicon Ranch Corporation, a Nashville-based renewable energy provider, which will build and manage what will be the largest solar field in Arkansas. The 12-megawatt project will be constructed in Highland Industrial Park, located in the city of East Camden, and will occupy approximately 100 acres. It will serve to provide predictable energy costs as well as contribute to ongoing clean energy development and economic growth in the region.

A unique business approach to a common vision of adding clean solar power to the Arkansas electricity mix has brought customer Aerojet Rocketdyne and its utilities, Arkansas Electric Cooperative Corporation (AECC) and Ouachita Electric Cooperative Corporation (OECC), together.

Under its agreement, Aerojet Rocketdyne will purchase solar power for the 1,200-acre site it leases in East Camden. Silicon Ranch Corporation is expected to complete the project in late 2015. Once completed, the plant will provide clean supplemental daytime power to Aerojet Rocketdyne and will be capable of generating enough electricity to power the equivalent of 2,400 single-family homes. Excess solar energy will be released to AECC and integrated into the cooperative’s diverse generation portfolio.

Click here to read the full news release.