As per the agreed terms, the company will provide complete engineering, procurement and construction (EPC) services along with long-term operations and maintenance for the solar project.
The proposed Simon Solar Farm will deploy modules from JA Solar, and will utilize SMA inverters and Unirac mounting systems.
According to the company, the solar farm is anticipated to generate enough clean electricity to charge a fleet of approximately 10,000 electric vehicles.
Georgia Power will purchase the electricity generated from the solar park, under a 20-year Power Purchase Agreement with Silicon Ranch.
Commenting on the project, Phoenix Solar president and CEO Murray Cameron said that the Simon Solar installation marks a major step towards the adoption of solar power in Georgia and the entire Southeast.
"Upon completion of the Simon Solar project, Phoenix Solar will have installed approximately 50 megawatts of solar power facilities in the Southeast as part of our strategic partnership with Silicon Ranch," added Cameron.
The Simon Solar Farm is slated for completion by the end of 2013 and is expected to contribute to its planned increase of the company’s revenues to between €160m and €190m in 2013.