IMEA plans solar project for St. Charles
Dec 07, 2015 10:45AM
● By Neighbors Magazines
At its Nov. 2 meeting, the St. Charles City Council approved a sitting agreement with its wholesale electric provider. That action clears the way for the Illinois Municipal Electric Agency (IMEA) to construct its first utility-scale solar project within St. Charles, one of its member communities.
The 500-kilowatt project will be built and operated by a consortium of Convergence Energy LLC, Continental Electric Construction Company and Solar Power & Light LLC with the output sold to the IMEA under a long-term power purchase agreement. In conjunction with the solar array, the project includes an 880kW lithium-ion battery Energy Storage System (ESS) which provides revenue generating grid stability services managed by Chicago-based software company, Intelligent Generation LLC.
The ground-mounted solar panel array and ESS, which will cover approximately four acres, will be located on a city-owned lot in the Legacy Business Center on South Kirk Rd. & Legacy Blvd. in St. Charles.
and Convergence estimate the total useful life of the project to be 20 years.
Construction is expected to be completed in early 2016. The city won’t incur
any ownership, maintenance or construction costs related to the project.