PPA permits the company to own, operate, and manage the solar system for the length of the agreement, generally over twenty years.
The host locations pay only for the energy generated by the system and place no cash upfront, freeing capital for other projects and stabilizing their energy rates. Solar Power Partners supervises each facility through its dedicated asset management team, which uses real-time data monitoring to offer detailed management profiles for the systems.
James Whipple, Marshall Medical Center chief executive officer, said, “Solar Power Partners made the process of incorporating solar energy at Marshall Medical easy. We hope that our project encourages other healthcare facilities to engage in obtaining renewable energy. It’s a win for everyone: our organization, our patients, and the community.
Solar Power Partners closely oversees the technology, design, and engineering of each project. In-house engineering, construction management, and asset management teams bring over fifty combined years of experience so that challenges are resolved efficiently and fast. Solar Power Partners’ financial modeling incorporates detailed site profiles and offers the best possible rates for the customer.
“SPP is committed to helping hospitals and health care facilities reach goals through fast and easy solar Power Purchase Agreements. Both Marshall Medical and St. Mary Medical Center are leading the way in adopting this hassle-free way of implementing solar into their energy management plan, and in doing so, are helping to heal not only people, but the environment. We’re proud to be a long-term partner with Marshall Medial and St. Mary Medical Center,” said Alexander v. Welczeck, president and chief executive officer, Solar Power Partners.
