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Building Energy begins PV-plant in Maryland
With a capacity of 18 MW, the Annapolis Solar Park will be the largest solar project installed entirely on a capped landfill in the United States.
Building Energy SpA, multinational company operating as a global integrated IPP in the Renewable Energy Industry, announces the beginnging of construction of the Annapolis Solar Park, a 18 MW photovoltaic system stretching over an 80-acre area occupied by a landfill in the City of Annapolis, in Anne Arundel County, Maryland.
Building Energy entirely owns the power plant and will operate the facility, the construction of which is expected to be completed in the spring of 2018.
The City of Annapolis, Anne Arundel County and Anne Arundel County Board of Education signed a power purchase agreements for the energy produced by the facility, which will be used to power City, County and school buildings and operations. Of the plant’s total production capacity, Anne Arundel County is purchasing 50%, the City of Annapolis 33%, while the Anne Arundel County Board of Education the remaining 17%.
Fabrizio Zago, CEO of Building Energy, stated “We are proud to begin construction of the solar park and to celebrate it with the representatives from the Annapolis community. Building Energy, as owner of the entire solar asset, funded the development costs of the project, is responsible for the construction and operation of the facility and arranged a 36-million-dollar financial transaction through one of the largest financial services corporations in the US. This project represents a new success for our company, which is active along the entire chain of the renewable energy industry, from the development to the operation of renewable energy assets, in US and abroad.”