Silicon Ranch Corp. has signed a deal with a Georgia green-energy cooperative to sell the entire output of its largest-ever project, a 52-megawatt solar array west of Savannah. The agreement with Green Power EMC, which supplies renewable energy to 38 utilities in Georgia, will cover 600 acres and service about 8,500 households. Silicon Ranch and Green Power EMC also are finalizing work on a 20-megawatt complex that will come online this fall.
Once completed, the 52 MW array will generate more than 134 million kilowatt hours of clean, renewable electricity annually. That amount of clean energy offsets 92,500 metric tons of greenhouse gas emissions, equivalent to the annual emissions from burning 10,400,000 gallons of gasoline, or put another way, the emissions from more than 19,500 passenger cars.
Read more about the project here.
The Tennessee Department of Environment and Conservation has set aside almost $700,000 to be used as incentives for consumers to buy or lease electric or hybrid cars. Starting in mid-June, dealerships can submit papers on behalf of buyers of 12 electric car models, which will be eligible for a $2,500 rebate, and 10 hybrid models, which have a $1,500 rebate attached to them. Check out the details here.
Nashville-based Silicon Ranch Corp., the solar energy venture chaired by former Gov. Phil Bredsen and run by former state commissioners Matt Kisber and Reagan Farr, has struck a deal with aerospace and defense products manufacturer Aerojet Rocketdyne and two utilities to build a 12-megawatt installation near Aerojet's plant in Camden, Arkansas.
The 100-acre project, which will primarily feed Aerojet's rocket motor and warhead manufacturing operations in Camden, is expected to be up and running late this year.
"We are excited to partner with Aerojet Rocketdyne in developing the first, large-scale solar project in Arkansas," said Matt Kisber, president and CEO of Silicon Ranch. "This would not be possible without the participation and support of AECC and OECC. We believe this clean-energy investment will spur positive economic, environmental and social advantages for the region."
It wasn't a huge surprise a month ago when the leaders of Hemlock Semiconductor said they plan to shut for good the doors of their Clarksville polysilicon plant. On Thursday morning, parent company Dow Chemical said how much that decision will cost it. The Michigan-based industrial giant will take a $500 million hit pre-tax, which comes out to $465 million after taxes.
SEE ALSO: A 2013 TNReport.com story detailing the money Hemlock got in various subsidies and credits for building its doomed Middle Tennessee operation.
Executives with Hemlock Semiconductor have decided to permanently close their massive Clarksville factory complex without it ever producing a finished batch of polycrystalline silicon, the rock-like material used in solar panels and semiconductor chips. Hemlock announced six years ago that it would invest more than $1 billion in Clarksville, but a global supply glut and the threat of Chinese tariffs led the company to lay off its 300 local workers in the spring of 2013.
Jimmy Settle has the story for The Leaf-Chronicle.
Now, the company will have to work with local government to determine what parts of the massive facility they built here just within the past few years can perhaps be re-purposed for other business uses.
CarCharging has taken over the operations and maintenance of 27 Blink electric vehicle charging stations in Davidson County. The stations had been installed and owned by Ecotality, which filed for bankruptcy almost a year ago and then sold its Blink assets to Florida-based CarCharging.
POSTDATA: WARRANTY DEEDS