Today, wholesale power provider Guzman Energy announced it started development operations of an 80MW solar energy project approximately 3.5 miles of Delta, Colorado. Accordingly, this project will produce over 194,000 MWh of electricity a year. In fact, this energy capacity is enough to supply energy to 18,000 homes.
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Guzman Energy starts development operations at new solar project in Colorado
Today, wholesale power provider Guzman energy announced the development of an 80MW solar energy project. In fact, the project is located approximately 3.5 miles from Delta, Colorado. Moreover, the resulting solar project will produce over 194,000 MWh of electricity a year, enough to supply energy to 18,000 homes.
Accordingly, Delta-Montrose Electric Association (DMEA) will directly purchase a portion of the energy produced by the plant. On the other hand, Guzman Energy will offtake the rest. This is the first local renewable energy project developed in partnership with Guzman Energy. Notably, since DMEA exited its power supply agreement with Tri-State Generation and Transmission Association in July 2020.
In fact, the project is in the study phase for interconnection. Besides, the Delta County permitting process already initiated. Moreover, Guzman Energy expects the construction period to last 11 months. Thus, the Company foresees the Project’s commercial operation date expected in early 2023.
Additionally, the Company expects to create around 350-400 construction Jobs. Moreover, the Project has a property tax estimate of $10 million over 35 years. Finally, this project will help DMEA reach approximately 20% local power generation.
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“When we started serving DMEA, we made a commitment to building local solar. Thus, the Garnet Mesa solar project, which will serve DMEA and other Guzman loads, demonstrates our promise to our customers,” said Guzman Energy CEO Chris Riley. Moreover, “we will continue to tailor power solutions for our customers. In fact, leveraging both owned and contracted energy sources, to provide the communities we serve with affordable and reliable power.”
Similarly, Virginia Harman, DMEA’s acting CEO, said, “We are very excited about this project. Thus, when we transitioned to Guzman Energy as our power supplier, we had three primary goals. For instance, rate stabilization increased local renewable generation and local control. Hence, the Garnet Mesa Solar project helps us achieve all three.”
Guzman Energy works with cooperatives, municipalities, companies, and tribes across North America. Mainly to customize energy portfolios that make economic and environmental sense for today and tomorrow.
Finally, the Delta-Montrose Electric Association is a member-owned and locally controlled rural electric cooperative, incorporated in 1938. Moreover, the Company is located in Southwest Colorado. Besides, it energizes and serves 28,000 members in Montrose, Delta, and Gunnison counties.