By Editors of Power Engineering
The 75-MW River Bend Solar Energy Center features over 300,000 solar panels with trackers that follow the sun from east to west to maximize energy production.
Electricity from River Bend will be sold to TVA under a 20-year power purchase agreement.
The two companies estimated the project will avoid 105,000 tons of carbon emissions per year that would have been generated by hydrocarbons.
“TVA never stands still, and this NextEra Energy Resources project helps us meet our commitment to provide the 9 million people of the Tennessee Valley with reliable, low-cost, carbon-free electricity,” said Van Wardlaw, executive vice president of external relations for TVA. “Over the next 20 years, TVA will invest about $8 billion to support our renewable energy portfolio, and we see a bright renewable energy future for projects like this across the Tennessee Valley.”
The River Bend Solar Energy Center is expected to generate more than $9 million in property taxes over its operational life.