Fotowatio Renewable Ventures (FRV) has closed financing and begun construction on the 30 MW Webberville Solar project, which will be located just outside Austin, Texas, and is scheduled to be operational by year-end.
Renewable Energy Systems Americas Inc. has been selected to construct the project and provide operations and maintenance services for the power plant for five years, FRV says. Once operational, the solar energy from the plant will provide electricity under a long-term power purchase agreement with Austin Energy for 25 years.
FRV has also partnered with Bayerische Landesbank, which has fully underwritten the construction debt for the project. With this team now in place, the construction of the Webberville Solar project, sited on Austin Energy-owned land in Webberville, Texas, is fully under way.
In order to maximize the solar energy output at the site, the solar plant will be constructed by mounting modules on a flat, single-axis tracking system, FRV notes. The project will deploy 270 W crystalline photovoltaic modules that FRV procured directly from Trina Solar.