SUBASE Kings Bay 30 MW solar project moving forward
Georgia Power completes agreement with the Department of the Navy
ATLANTA, July 15, 2015 /PRNewswire/ -- Georgia Power has announced a major milestone in the development of a new 30 megawatt (MW) AC solar generation facility at Naval Submarine Base (SUBASE) Kings Bay in St. Marys, Ga. The company recently executed a real estate outgrant with the Department of the Navy (DON) which authorizes the company to use land on the base for the solar project. The agreement marks the start of a new collaboration between DON and Georgia Power where the company will develop renewable energy that will further diversify the company's energy portfolio and increase DON's energy security.
"Our innovative solar partnerships with the state's military bases, including SUBASE Kings Bay, are growing solar in Georgia, strengthening Georgia military bases, and stimulating investment in Georgia communities," said Norrie McKenzie, vice president of Renewable Development for Georgia Power. "Our latest project with the DON will add even more cost-effective solar energy to our state and further execute on our strategy of identifying opportunities for renewable growth to benefit our customers and partners."
The outgrant provides Georgia Power access to 258 acres of land at SUBASE Kings Bay for the development of ground-mounted solar photovoltaic (PV) panels to deliver energy to the state's electric grid. The company expects to break ground on the project late summer and bring the facility online by the end of 2016. The project will be brought online at or below the company's avoided cost, the amount projected it would cost the company to generate comparable energy from other sources. The solar project at SUBASE Kings Bay is estimated to represent a $75 million investment at the installation.
"We are excited to partner with Georgia Power to develop a large cost-effective renewable energy project that will enhance the Navy's energy security and operational capability," said Captain James Jenks, SUBASE Kings Bay commanding officer. "This project is important in meeting the Secretary of the Navy's energy goals."
Working with the Georgia Public Service Commission, Georgia Power is adding renewable energy as part of a diverse generation portfolio and fueling the state's momentum as one of the fastest growing solar markets in the nation. Through its various solar programs, the company is adding thousands of solar panels to Georgia's energy landscape. To learn more about Georgia Power's various solar programs, including resources and services available for homeowners, visit www.GeorgiaPower.com/Solar.
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