Solar energy company Standard Solar has completed the installation of the 9.8MW solar project for City of Gallup (Gallup), New Mexico.
Image: Standard Solar completes solar farm in New Mexico. Photo: Courtesy of dlritter/FreeImages.com
Standard Solar provided financing for the 28,896 panel single-axis tracker array. The solar farm is expected to generate more than 20 million kilowatt-hours of power annually saving the city approximately $785,000 and providing nearly 10% of the city’s energy use.
The solar farm, constructed on approximately 31 acres of city-owned land south of Interstate Highway 40, will generate enough electricity to power 2,500 homes and offset production of 3,500,000 pounds of carbon dioxide annually.
Standard Solar president and CEO Scott Wiater said: “We’re excited that our unique ability to finance this project played a role in bringing it to its completion.
“City officials at all levels were committed to making this project a success, and it was an honor for us to be involved.”
On July 17, Wiater, along with Mangan Renewables chief technology officer H.D. Boesch, the City of Gallup Mayor Jackie McKinney, City Electric Director Richard Matzke and City Manager Maryann Ustick, participated in the ribbon cutting event for the new array.
Matzke said: “This array will have a huge impact on the City of Gallup and its future. When the opportunity to protect our environment and save our citizens money presented itself, we were thrilled to take advantage. We appreciate everyone involved in the project for helping us bring it to fruition.”
Standard Solar financed the project and will own and operate the array. Mangan Renewables, a division of Mangan developed the project in partnership with Wiser Capital and their proprietary underwriting platform.
Construction is complete, and the array is operating and producing power.
The project provided local employment opportunities for 58 jobs during the construction phase and two ongoing positions.
Source: Company Press Release