$67m loan for Imperial County PV

Image: the Arnedo solar facility in Spain (Grupo T-Solar)
Image: the Arnedo solar facility in Spain (Grupo T-Solar)

EL CENTRO – The North American Development Bank and Grupo T-Solar Global have signed a $67.6m loan with Sol Orchard Imperial 1 LLC for the construction of a 20MW solar park in Imperial County, California.

The project in the city of El Centro will feature Yingli PV modules and be built on 131 acres of land owned by community-owned utility Imperial Irrigation District, which will buy the electricity produced.

STi Norland will provide the single-axis trackers and GPTech will supply the inverters while engineering, procurement, and contracting services will be handled by Isolux USA.

IID provides water and power to all of Imperial County and portions of Riverside and San Diego counties.

The PV plant is part of its plan to comply with California’s Renewable Portfolio Standard, which requires publicly-owned utilities to adopt the goal of 20% of retail sales from renewable sources by the end of 2013, 25% by the end of 2016 and 33% by the end of 2020.