Silicon Ranch constructing 4-project solar portfolio in Tennessee
A cooperation between Silicon Ranch, the Tennessee Valley Authority and the Marysville Electric Department will result in a solar energy portfolio of four projects in Maryville, Tennessee. DENSO, a manufacturer of vehicle components, will receive some of the power generated by its plants, starting with one on the Maryville campus.
The manufacturer aims to be carbon neutral by 2035 and participates in the U.S. Department of Energy’s Better Plants for all program.
“DENSO develops mobility technologies to support a better planet while making sustainability gains in our global footprint,” said Denise Carlson, VP of DENSO’s North America Production Innovation Center and sustainability leader in the region. “This partnership marks an important milestone on this journey and sets us on the path to a safer, greener future.”
At its monthly meeting on July 5, the Maryville City Council approved three contracts between the Maryville Electric Department and independent power producer Silicon Ranch for a total of 10.5 MWAC. The arrays will operate under TVA’s Generation Flexibility program, part of which will serve DENSO’s local operations.
“TVA’s Generation Flexibility program provided us with the right vehicle to meet the needs of Maryville’s largest employer while attracting significant capital investment to our community,” said Baron Swafford, director of Maryville Public Utilities. “This collaborative effort reflects the city leadership goals of supporting and helping our customers successfully achieve their goals.”
DENSO will also participate in TVA’s Green Invest program through a fourth Silicon Ranch facility, which will help companies achieve their sustainability goals.
Silicon Ranch will long-term finance, build, own, operate and maintain each of the four solar power plants.
“Silicon Ranch is proud of our role as a trusted local partner to help TVA and local energy companies like City of Maryville Electric deliver value to the customers and communities they serve,” said Luke Wilkinson, senior VP of project development at Silicon Ranch, and a Maryville native whose family has been in the community for seven generations.
News report from Silicon Ranch