Silicon Ranch Corp. announced Thursday it will develop a 200-acre, 20-megawatt solar farm in Social Circle, Ga., located about 50 miles east of Atlanta.
Based in Nashville, Silicon Ranch was founded by former Gov. Phil Bredesen, Matthew Kisber, ex-commissioner of the Tennessee Department of Economic and Community Development, and Reagan Farr, the former commissioner of the Tennessee Department of Revenue. Kisber is the company's CEO and Farr serves as its vice chair and COO. Bredesen is chairman.
Silicon Ranch, through its recently acquired Simon Solar Farm LLC subsidiary, has entered into a 20-year power purchase agreement with Georgia Power to deliver solar-generated electricity beginning in the summer of 2015. Steve Ivey, a Nashville music industry entrepreneur, founded Simon Solar.
“Silicon Ranch has been working with [Ivey] over the past year to bring this exciting opportunity to fruition,” Kisber said in a release.
Phoenix Solar Inc., a wholly owned subsidiary of Germany-based Phoenix Solar AG, will serve as Silicon’s Ranch’s strategic partner in the effort, providing technical assistance.