Constellation Energy (NYSE: CEG) on Jan. 31 said a 4.29 MW solar power generation project was completed for Buckeye Union High School District in Arizona. Baltimore-based Constellation Energy's retail business owns and will maintain the solar power systems. The school district will purchase and receive all of the electricity generated by the solar panels at a fixed rate from Constellation under a 25-year solar services agreement.
Located at three sites, the installations collectively generate enough electricity to power the three high schools, meeting up to 70 percent of the school district's electricity needs. The solar power systems are comprised of approximately 15,468 photovoltaic panels, located on 29 carport rooftop structures and on two ground-mounted installations.
The installations, which were developed by GV Enterprises and REgeneration Finance and built by Core Construction, were facilitated, in part, by the Arizona Corp. Commission-approved APS Renewable Energy Incentive Program. This program offers financial incentives, covering up to 40 percent of the installation costs, to customers who add renewable energy systems to their homes or businesses.
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