The Teanaway Solar Reserve has selected Potelco Inc., a Quanta Services Inc. company, as an equity partner and contractor for the design and construction of a proposed photovoltaic solar project to be located 90 miles east of Seattle.
Teanaway Solar Reserve and Potelco signed a memorandum of understanding under which the parties have agreed to negotiate a contract for engineering, procurement and construction (EPC) services for the 75 MW solar facility. Potelco also intends to provide construction financing for the project. The contract and equity arrangements are subject to final terms and conditions to be negotiated.Â
This announcement signals Teanaway Solar Reserve's readiness to hire, train and break ground as soon as Kittitas County issues a permit, the company says. Once the project is ready to commence, Potelco plans to hire locally and provide the training necessary to complete the entire range of jobs required for installation of the 400,000 solar panels.
SOURCE: Teanaway Solar Reserve