In December 2011, the Board of Directors of NADB and the Border Environment Cooperation Commission (BECC) approved certification and financing for the design, construction and operation of a photovoltaic solar energy plant, which is expected to generate sufficient electricity to supply power to approximately 3,500 homes.
The project will supply electricity to Tucson Electric Power (TEP), an Arizona corporation and principal subsidiary of UNS Energy Corporation (UNS), through a 20-year purchase power agreement. TEP provides electric service to the Tucson metropolitan area.
The project is part of TEP's plan to comply with the Arizona Corporation Commission's (ACC's) Renewable Energy Standard, which requires regulated electric utilities in Arizona to generate 15 percent of their energy from renewable resources by 2025....
NADB, SunEdison ink loan agreement for Picture Rocks solar park in Arizona
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