CIM Group’s 250-MW Aquamarine solar project set for completion this fall

CIM Group‘s 250-MW Aquamarine solar photovoltaic project, part of the first phase of its Westlands Solar Park (WSP), will be fully operational by Fall 2021.

The project is on track to meet its contracted delivery of 50 MW of capacity to Valley Clean Energy Alliance, which executed a contract with WSP in early 2020. Valley Clean Energy is a locally-governed electricity provider for the California cities of Davis, Woodland, Winters and unincorporated portions of Yolo County.

“We believe Westlands Solar Park is ideally positioned to be a leader in California’s program to reduce the state’s carbon footprint and meet its Renewable Portfolio Standards targets. With Aquamarine advancing to full operation before year-end, we are realizing our vision for Westlands Solar Park to become a major clean energy provider as well as meeting a significant commitment in our company’s ongoing sustainability program,” said Avi Shemesh, co-founder and principal, CIM Group. “With Aquamarine and the future phases of Westlands Solar Park, we also are bringing clean energy jobs to the region and generating revenue for the local government and area businesses.”

WSP has the potential to create 400 clean energy jobs, for both construction and operations, under a union labor agreement governing the entire project. WSP is also poised to generate direct and indirect revenue such as local taxes, purchasing and ancillary spending.

“With the imminent completion of Aquamarine, we are in active discussions with numerous entities to supply the clean energy that is critical to meeting the short- and long-term goals for renewable energy — vital to improving communities,” Shemesh said.

Aquamarine recently entered into a 75-MW power purchase agreement (PPA) with Santa Clara, joining other off-takers Anaheim Public Utility, and is currently negotiating additional PPAs with other potential counterparties.

WSP has the capacity to grow to more than 2,700 MW of renewable energy at full buildout and the potential to provide clean energy to more than 1,200,000 homes. The master-planned energy park encompasses more than 20,000 acres in California’s San Joaquin Valley in western Fresno and Kings Counties. CIM is repurposing selenium-contaminated and drainage impaired farmland for the development of clean energy at WSP.

News item from CIM Group