Standard Solar Completes Project At Decommissioned Power Plant
Standard Solar Inc. has completed a solar project in Eureka, Calif., in partnership with the Humboldt Bay Harbor District.
The 717 kW rooftop solar array, commissioned and financed by Standard Solar, will also be operated and maintained by the company. The district is expected to save $48,500 annually in energy costs.
The project, financed through a 25-year power purchase agreement, is installed on an industrial space and decommissioned power plant that has been repurposed.
The Humboldt Bay Harbor District is located in northern California along U.S. Route 101. Expected to annually produce approximately 882,000 kWh and offset the greenhouse-gas emissions from 141 passenger vehicles driven for one year, the project reflects the area’s focus on sustainability, says Standard Solar.
“This is a great opportunity for the Humboldt Bay Harbor District to provide a sustainable future that directly benefits the district financially. Working with Standard Solar is a true win-win for us,” says Larry Oetker, executive director of Humboldt Bay Harbor, Recreation and Conservation District.
“This project, an ideal addition to our solar portfolio in California, underscores our ability to bring good projects online through our partnership focus and flexibility when it comes to financing,” adds Scott Wiater, president and CEO of Standard Solar. “We believe in the future of this area and were willing to fund this project upfront in order to give the district the financial stability it needs to prosper.”