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| Amec wins solar plant project at Colorado State University Amec, a UK-based global engineering and project management firm, has been awarded a contract by Renewable Ventures, a Fotowatio company, to install a 2-megawatt (MW) solar power plant at Colorado State University. Amec will be responsible for the construction of the solar panels on the Foothills campus of Colorado State University, which will be located just east of the city of Fort Collins water treatment plant. Work on the $120 million project is scheduled to be completed within the next 10 months. Once completed, the 15-acre array of solar panels is expected to be one of the largest solar installations at a U.S. university and is projected to generate enough power to meet more than 10 percent of the campus' electricity demand. Renewable Ventures is working with Colorado State University and Xcel Energy in an innovative public-private partnership, to leverage tax credits and incentives to finance the Foothills Campus solar power system. This partnership will enable the university to deploy the solar array under a long-term electricity contract with Renewable Ventures known as a Power Purchase Agreement. Colorado State University will provide the land under a long-term lease and will purchase the power produced from the solar array at a fixed rate for 20 years. write your comments about the article :: © 2009 Construction News :: home page |