The University will benefit from $6 million in electricity savings during the project term.
San Francisco, CA, Nov. 13, 2018 (GLOBE NEWSWIRE) - The University of California, Santa Cruz (UCSC) has partnered with ForeFront Power to develop a 2 megawatt (MW) solar parking canopy structure plus energy storage system that will provide clean, reliable electricity to the campus over a 20-year term. UCSC procured renewable energy with ForeFront Power through a streamlined procurement process via School Project for Utility Rate Reduction (SPURR).
By utilizing a Power Purchase Agreement (PPA) framework with no upfront cost through ForeFront Power and SPURR, the University will benefit from $6 million in electricity savings during the project term.
“We considered a number of options and the partnership for this project was determined to be the most expedient and the best and the cleanest solution,” said Traci Ferdolage, Associate Vice Chancellor of UCSC. “ForeFront Power and SPURR have been very responsive and supportive of the University’s renewable goals.”
The solar parking canopy project will contribute to the University’s Campus Sustainability Plan, which includes the goal of installing 4 MW of solar photovoltaic technology on the main campus. Moreover, this project is part of the campus' strategy to meet the UC's Carbon Neutrality Initiative, and partnerships like this project, will be a key component to meet this 2025 goal.1 Over 3 million kilowatt-hours (kWh) of electricity from the project will result in more than 2,500 tons of carbon dioxide equivalent avoided from the grid.2
In addition to the benefits of on-site solar energy, the project will include 1.2 MW of energy storage to reduce peak demand and shift load to times of day when electricity is cheaper. The intelligent use of energy from the storage units combined with on-site solar energy generation helps maximize clean energy generation and enhance on-site sustainability.
“The inclusion of energy storage increases the value of the on-site solar project to the University,” said Go Mizoguchi, Co-CEO of ForeFront Power. “The University is able to save even more money while incurring no upfront cost.”
Since 2015, the SPURR Renewable Energy Aggregated Procurement (REAP) program and the ForeFront Power team have helped over 20 school districts, colleges, and municipalities procure more than 50 MW of clean solar power across more than 100 sites.
“It is exciting to see our program extended to the UC System at Santa Cruz so that more public organizations can benefit from the saved time, effort, and money by using our procurement process,” said Michael Rochman, Managing Director of SPURR. “SPURR strives to offer clear, fair, and competitively-sourced terms and conditions that allow for easy sourcing.”
ForeFront Power will be working with local Santa Cruz based companies to complete the installation. Together, ForeFront Power and UC Santa Cruz will engage in a phased construction approach to minimize impact on students and faculty. Engineers have already begun working closely with UCSC staff to ensure a safe connection to a complex campus grid that includes a natural gas fueled cogeneration plant.
The schools will also receive free post-secondary level lesson plans from Schools Power, a leading national education organization that provides schools and colleges with standards-based renewable energy curriculum packages. ForeFront Power and Schools Power announced their partnership in July 2017.
For more information about ForeFront Power and solar parking canopy systems like this one, visit https://forefrontpower.com/canopy
About ForeFront Power
The ForeFront Power team has more than a decade of renewable industry experience, serving business, public sector, and wholesale power customers around the world. Our team has developed over 800 MW of capacity across more than 1,000 projects, targeted on assisting public sector agencies and C&I firms to deliver the most impactful behind-the-meter, community solar, and wholesale solutions. ForeFront Power is a wholly-owned subsidiary of Mitsui & Co., Ltd., a global energy infrastructure and investment leader.
SPURR is a Joint-Powers Authority duly formed and existing under the California Joint Exercise of Powers Act. SPURR was formed to seek reduction and control of utility rates on behalf of its members and other program participants. SPURR membership is open to all California public K-12 school districts, county offices of education, and community college districts. SPURR is governed by a Board of Directors who are management-level employees of member organizations. SPURR, with over 240 member organizations, aggregates purchasing power and expertise for thousands of public agency facilities across the state of California. SPURR programs include procurement of solar and energy storage, natural gas, electricity, LED lights and controls, utilities data management and conservation services, electricity demand response, and telecommunications and networking goods and services.
Forward Looking Statements
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SOURCE: ForeFront Power