DE Shaw Renewable Investments (DESRI) announced the 80 MWAC Elektron Solar Project has become commercially operational. The project in Tooele County, Utah, began construction in 2021 and was acquired from Enyo Renewable Energy in 2020.
“We are thrilled to have completed construction of the Elektron Solar facility,” said Hy Martin, Chief Development Officer of DESRI. “While the solar industry has faced headwinds in recent years due to supply chain constraints and rising interest rates, this project was able to succeed thanks to the strong partnership of our customers and local stakeholders. Our team appreciates the continued support of customers, Rocky Mountain Power and Tooele County.”
Elektron Solar has 20- and 25-year power purchase agreements with PacifiCorp under Rocky Mountain Power’s Schedule 34 to purchase renewable energy to meet demand from a consortium of Utah customers including Salt Lake City, Park City, Summit County, Utah Valley University and Vail Resorts on behalf of Park City Mountain and Deer Valley Resort. The facility was contracted under Utah’s Schedule 34 and allows customers to aggregate their electricity demands to achieve economies of scale by contracting projects with a capacity greater than 5 MW.
News item from DESRI
