Solar Energy Initiatives has signed three power purchase agreements (PPAs) with the Tennessee Valley Authority (TVA) for 2.5MW photovoltaic (PV) projects.
The company will build the power projects with municipal and institutional clients, and TVA will purchase all of the power they produce, as well as the associated environmental benefits.
Solar Energy will lead the project development effort, including system design, installation and operation of the proposed PV systems.
The company anticipates that the projects will break ground in the first quarter of 2011, with completion scheduled in the summer of 2011.
Solar Energy will serve as the developer of the project and will provide all the equipment and balance of system to the commercial site.