Pacific Blue Energy, a publicly traded developer of renewable energy projects, has entered into a joint venture agreement with another company that has experience in designing and building solar farms.
The other company, which will be named later, designs, engineers, builds and installs solar panels on sun-drenched Southwest properties like the 154 acre site near Flagstaff that Pacific Blue Energy recently acquired.
Joel Franklin, CEO of Pacific Blue Energy, said: “This company is a perfect fit for us because they have the experience to build our projects, but have no desire to hold onto the assets, contracts or sell the electricity – all elements that will be part of PBEC’s production goals.
“This joint venture moves us even closer to our goal of developing a 20 megawatt solar facility in Northern Arizona – our first of what we hope to be many successful renewable energy projects.”
Pacific Blue Energy has sought to partner with professionals with experience in site acquisition, zoning and construction management, as it develops into a renewable energy provider.
The company is also seeking out professionals who have environmental and geotechnical expertise, as well as those who have backgrounds in solar engineering, design, installation, testing and maintenance.