Colorado, United States [RenewableEnergyWorld.com] Continuum Lakewood Development Company, MMA Renewable Ventures, Oak Leaf Energy Partners and SunPower Corporation, announced that a 1.75-megawatt (MW) solar power system that has been constructed on three parking garages at the Belmar mixed-use development in Lakewood, Colorado is now producing electricity.
MMA Renewable Ventures, which owns and operates the 1.75-megawatt system, joined with Continuum Partners, Oak Leaf and SunPower to leverage tax credits and incentives to finance this solar power system. The partnership enabled Lakewood and Belmar to deploy the solar parking structure under a long-term electricity power contract, or power purchase agreement (PPA).
“This solar project delivers on the Colorado promise of the ‘New Energy Economy,’ which is establishing Colorado as a leader in renewable energy and creating jobs throughout the state,” said Colorado Governor Bill Ritter. “I congratulate Continuum for its leadership and call upon developers and business owners throughout the nation to follow the example we’ve set here in Lakewood.”
The Belmar solar parking structure was designed and installed by SunPower, using more than 8,000 SunPower solar panels and is part of the Xcel Energy Solar Rewards Program and will receive a rebate to offset the upfront construction costs.