LG Electronics, Cypress Creek complete large portfolio of solar-plus-storage projects in North Carolina

LG Solar Farm

One of the 12 new utility-scale LG solar farms in North Carolina, developed by LG Electronics with Cypress Creek Renewables. (PRNewsfoto/LG Electronics USA)

LG Electronics joined Cypress Creek Renewables, the nation’s fastest-growing solar farm developer, to celebrate the official opening of one of largest solar-plus-storage installations in the continental United States – an 8.5 megawatt portfolio of utility-scale solar projects, with storage capacity of 12 megawatt hours, in North Carolina.

All told, 21,900 high-performance LG solar panels (395-watt LG NeON 2 72-cell modules) have been installed across a dozen separate solar farms in Columbus and Brunswick counties. LG Electronics provided tax equity financing to the projects in partnership with Cypress Creek.

Cypress Creek acquired the projects from United Renewable Energy, the initial developer of the projects. The power developed on these sites will give the local homes and businesses in the area access to clean and affordable energy. The LG solar panels will charge batteries during off-peak periods. Once the batteries are charged each day, the solar portion of the projects will continue to deliver energy to the grid. During peak load times in the summer and winter, the projects will provide reliable renewable energy using the batteries, and LG solar panels will reduce the utility’s peak power requirements.

RELATED: New guide shows strategies for pairing community solar with storage 

Backed by best-in-class 15-year product and 25-year performance warranties, LG NeON 2 72-cell solar panels are designed to deliver higher efficiency. LG’s flagship panels feature innovative LG Cello technology, which utilizes circular-shaped wires to scatter light for better absorption while reducing the electrical loss and increasing power output and reliability.

“Creating a clean, sustainable future that’s accessible and affordable is central to LG’s goal of providing solutions that match changing needs in our communities, workplaces and homes – including innovative, intelligent solutions for energy conservation, solar energy and energy storage. LG’s involvement in these projects underscores the company’s commitment to providing innovative, market-leading solutions to its partners and customers,” said Tim Distler, head of solar business development, LG Electronics USA.

— Solar Builder magazine

LG Electronics, Cypress Creek complete large portfolio of solar-plus-storage projects in North Carolina

LG Solar Farm

One of the 12 new utility-scale LG solar farms in North Carolina, developed by LG Electronics with Cypress Creek Renewables. (PRNewsfoto/LG Electronics USA)

LG Electronics joined Cypress Creek Renewables, the nation’s fastest-growing solar farm developer, to celebrate the official opening of one of largest solar-plus-storage installations in the continental United States – an 8.5 megawatt portfolio of utility-scale solar projects, with storage capacity of 12 megawatt hours, in North Carolina.

All told, 21,900 high-performance LG solar panels (395-watt LG NeON 2 72-cell modules) have been installed across a dozen separate solar farms in Columbus and Brunswick counties. LG Electronics provided tax equity financing to the projects in partnership with Cypress Creek.

Cypress Creek acquired the projects from United Renewable Energy, the initial developer of the projects. The power developed on these sites will give the local homes and businesses in the area access to clean and affordable energy. The LG solar panels will charge batteries during off-peak periods. Once the batteries are charged each day, the solar portion of the projects will continue to deliver energy to the grid. During peak load times in the summer and winter, the projects will provide reliable renewable energy using the batteries, and LG solar panels will reduce the utility’s peak power requirements.

RELATED: New guide shows strategies for pairing community solar with storage 

Backed by best-in-class 15-year product and 25-year performance warranties, LG NeON 2 72-cell solar panels are designed to deliver higher efficiency. LG’s flagship panels feature innovative LG Cello technology, which utilizes circular-shaped wires to scatter light for better absorption while reducing the electrical loss and increasing power output and reliability.

“Creating a clean, sustainable future that’s accessible and affordable is central to LG’s goal of providing solutions that match changing needs in our communities, workplaces and homes – including innovative, intelligent solutions for energy conservation, solar energy and energy storage. LG’s involvement in these projects underscores the company’s commitment to providing innovative, market-leading solutions to its partners and customers,” said Tim Distler, head of solar business development, LG Electronics USA.

— Solar Builder magazine

Cypress Creek, Lockheed Martin get 12 solar-plus-storage sites up and running (12 MWh total)

lockheed martin storage cypress creek

Shown here is one of Cypress Creek’s 12 solar-plus-storage installations in North Carolina. The projects will provide 12 MWh of Lockheed Martin GridStar Lithium energy storage. (PRNewsfoto/Lockheed Martin)

Lockheed Martin and Cypress Creek Renewables have commissioned 12 MWh of GridStar Lithium energy storage systems for 12 solar-plus-storage projects. The solar-plus-storage system will provide clean electricity to communities served by Brunswick Electric Membership Corporation (EMC) in southeastern North Carolina.

Lockheed Martin’s GridStar technology ensures that this power is rapidly dispatchable — a key benefit that allows Brunswick EMC to avoid peaking costs and pass the savings to its member-owners in Brunswick and Columbus Counties, as well as small areas of Robeson and Bladen Counties. They are compact, easy to install, and scalable for 100 kW to multi-MW projects as the GridStar system architecture consists of modular, purpose-built energy storage units that contain batteries, local controls software and all required balance-of-system components. The systems are certified to UL 9540 standards, a key certification for product safety for energy storage systems and equipment.

“These projects provide solar energy to our members and compound the value by delivering it exactly when we need it,” said Don Hughes, CEO/general manager of Brunswick EMC. “This collaboration will provide significant value to our members for years to come.”

These 12 solar-plus-storage projects represent the first set of battery storage projects developed, constructed, financed and commissioned by Cypress Creek. Cypress Creek acquired the projects from United Renewable Energy (URE), the initial developer of the projects.

“We are approaching a point where many newly originated solar projects will become solar-plus-storage by default,” said Brian Knowles, director of energy storage, Cypress Creek Renewables. “Cypress Creek Renewables is proud to collaborate with Lockheed Martin and URE to provide Brunswick EMC with a dynamic solar product that is able to respond to changing conditions on the grid or in energy markets.”

— Solar Builder magazine

SMA and Cypress Creek enter into 10-year Master Service Agreement

SMA America recently signed a 10-year Master Services agreement with Cypress Creek Renewables, under which it will perform inverter preventive maintenance services for a portfolio of projects, primarily located in North Carolina.

SMA O&M services

Cypress Creek is a leading solar development company. Working in close partnership with local communities, Cypress Creek develops, builds, finances and operates local solar farms across the country. Cypress Creek has operating facilities in eight states and is actively developing projects in more than a dozen states.

“We are thrilled to enter into this agreement with Cypress Creek and begin a long-term collaboration,” said Chuck Smith, executive vice president of Service for SMA. “The SMA Inverter Preventative Maintenance program goes above and beyond the manufacturer’s recommended maintenances, and proactively addresses potential inverter issues that could result in unnecessary downtime.”

Cypress Creek has grown its portfolio of solar projects while managing operation and maintenance tasks in-house. To maximize the value of its projects, Cypress Creek has selected SMA to lend its expertise in inverter technologies to manage inverter risk. This will allow SMA and Cypress Creek to leverage each other’s core competencies to maximize plant life and profitability.

SMA Service currently has more than 2.5 GW of solar assets under operation and maintenance (O&M) agreements, which are monitored from SMA’s NERC compliant Solar Monitoring Centers located in California and Germany.

Keys to inverter service: Data granularity, remote updates, customer relations

— Solar Builder magazine

Solar business updates: Sunworks, Cypress Creek Renewables, Beaumont Solar expand their territory

Sunworks, Elevation Solar form joint partnership

SunworksSunworks and Elevation Solar of Gilbert, Ariz., formed a joint business partnership known as Sunworks Elevation, LLC. The venture will enable both companies to broaden their reach for solar projects in the commercial building industry. With a previously established track record of successful solar implementations already in place between the two companies, the new LLC formation is expected to bolster revenue projections even further.

Sunworks Elevation will be coordinated and managed by both companies with the intent to expand access to commercial customers throughout the Southwest, streamline project integration, and accelerate fulfillment schedules. Sunworks is an established leader throughout California and Arizona; Elevation Solar brings an expanded customer footprint to states such as Arizona, Texas, New Mexico, and Utah.

The operational dynamics of the newly formed, member-managed LLC have already been established and both companies are eager to get started with expanding their commercial building project pipeline.

RELATED: 2016 Solar Builder Project of the Year Winners 

Cypress Creek Renewables to acquire FLS Energy

cypress creek renewablesCypress Creek Renewables, a leading developer of local solar projects, has signed an agreement to acquire Asheville, N.C.-based solar developer FLS Energy. The move comes at a time of significant growth for Cypress Creek and represents the next step in Cypress Creek’s ongoing efforts to provide renewable energy to as many communities as possible throughout the country. Following the acquisition, the combined company will continue to be a force for job creation and economic development in North Carolina and throughout the Southeast.

FLS Energy started as a residential solar construction company more than 10 years ago and, in that time, evolved into one of North Carolina’s leading engineering, procurement and construction firms. FLS has an operating portfolio of 350 megawatts and a near-term pipeline of over 600 megawatts of solar projects. The FLS portfolio will increase Cypress Creek’s existing portfolio of 735 gigawatts of solar projects in operation or construction and over 4 gigawatts in development and will establish Cypress Creek as the leading developer, builder, owner and operator of distributed utility solar in the United States.

From the Archives: Top-Ranked Solar EPCs Will Need to Adapt to Change 

Cypress uses a data-driven approach to identify and acquire underutilized land on which it builds solar farms ranging from 2 – 20 MW on average, and it currently owns the largest solar farm east of the Mississippi River. Cypress sells the renewable energy these solar farms create back to local communities, typically at rates lower than fossil fuels. This process guarantees widespread, affordable access to clean energy.

Cypress is fully integrated. It finances, builds and operates its utility-scale solar farms with the support of over 200 team members, and it has invested over $1.5 billion into solar farms since 2014. Cypress’s philosophy is that the solar farm process only works if it is a “win” for everyone, promoting partnerships with landowners, local communities, regulators, lenders and consumers (utilities, businesses and individuals) to maximize green energy usage as well as create local jobs and community development.

Beaumont Solar opens new office in Rhode Island

Beaumont solarBeaumont Solar, a full-service solar developer and engineering, procurement & construction (EPC) company, announced the opening of its new Rhode Island office located in Providence. Having already established a strong presence with solar projects in Cranston, Middletown, North Kingston, Pawtucket, and Westerly, the addition of a regional office will enable Beaumont to continue supporting its customers, while growing the clean energy economy. Transforming the once fabled whaling town of New Bedford into a solar powerhouse, Beaumont has had a long track record of building strong community ties and business relationships.

Beaumont has partnered with environmental services, millwork and construction, specialty manufacturing, food production, and storage customers in Rhode Island since 2010 – adding a local office will further underscore its commitment to customers seeking to leverage solar not only for its clean energy attributes, but also numerous financial benefits.

 

The Renewable Energy Growth (REG) program, established by Rhode Island, has set an impressive goal of reaching 160 MW of green energy production by 2019. To support this goal, the Rhode Island Office of Energy Resources (OER) created the Renewable Energy Fund (REF) which provides grants and loans for solar projects, and the Feed-in Tariff (FIT) that enables energy producers to sell their generation output. New programs such as the Commercial Property Assessed Clean Energy (C-PACE) program, allows building owners to gain access to financing solar, requires zero capital outlay, and generates immediate positive cash flow from day one. State (and federal) tax exemptions also provide additional incentives that make solar not only economically feasible, but among the strongest capital investment opportunities available.

— Solar Builder magazine