Jefferson Solar Park — A New Business Mode

The City of Jefferson contracted with Half Moon Ventures to develop a 1MW, 3,600-panel solar park and will sell the electricity to an electric provider.  Half Moon Ventures plans to own the project over its lifetime, and pre-paid the city $123,000 for a 20-year lease.  The power will be sold to WPPI Energy and distributed by Jefferson Utilities, the city-owned municipal utility. The project is expected to generate 1.57 million kWh annually, and provide 4-5% of the city’s electricity needs.
It will be the second largest solar field after Epic’s in Verona, WI. Solar panels will be mounted on fixed racks and inverters made by Ingeteam, a Wisconsin company, will be used.  Construction is slated to begin mid-November and be completed mid- December on 7 acres of city-owned land in its North Industrial Park.