8minutenergy Renewables

8minutenergy Renewables is an American photovoltaic (PV) developer of utility-scale PV power plants and energy storage.

It has developed solar farms that includes Eagle Shadow Mountain Solar Farm which is a 420 MWp (300 MWAC) photovoltaic power station north of Las Vegas, Clark County, Nevada.[1][2] Mount Signal Solar which is a 594 MWp (460 MWAC) photovoltaic power station west of Calexico, California,[3][4][5] a 137 MW Springbok Solar Farm and the 191 MW Springbok 2 solar project, both located in Kern County, California.[6][7]

History

It was founded by Tom Buttgenbach and Martin Hermann in 2009.[8] In 2014, Kern County Board of Supervisors approved development of Redwood Solar Farm which received investment of $30 million by Macquarie Capital.[9][10][11] In 2018, it had raised $200 million through a joint venture with J.P. Morgan Asset Management and Upper Bay Infrastructure Partners for its pipeline of utility-scale solar projects.[12][13]

A 25 year pact was signed with Los Angeles Department of Water and Power in 2019.[14]

See also

References
  1. Kahn, Brian. "Solar Just Hit a Record Low Price In the U.S." Earther. Retrieved 2019-02-11.
  2. "NV Energy 2.3-cent solar contract could set new price record". Utility Dive. Retrieved 2019-02-11.
  3. Woody, Todd. "U.S. Solar Industry Booming Despite China Trade War". Forbes. Retrieved 2019-02-11.
  4. "Folsom's 8minutenergy gets approval for largest solar farm". www.bizjournals.com. Retrieved 2019-02-11.
  5. "8minutenergy Renewables breaks ground on first phase of 800MW PV project". PV Tech. Retrieved 2019-02-11.
  6. "8minutenergy And D. E. Shaw Start Construction Of 191 MW Springbok 2 Solar Farm - Solar Industry". Solar Industry. 2015-12-15. Retrieved 2019-02-11.
  7. "Solar Farm in California Selling Power 58% Below State Average". Bloomberg NEF. Retrieved 2019-02-11.
  8. "US company, 8minutenergy, to build 4 GW of solar capacity in India". @businessline. Retrieved 2019-02-11.
  9. Glover, Mark (2014-10-21). "Folsom's 8minutenergy to develop solar projects in Kern County". The Sacramento Bee. ISSN 0890-5738. Retrieved 2019-02-11.
  10. "Macquarie Infrastructure Development". www.macquarie.com. Retrieved 2019-02-11.
  11. Goosens, Ehren (August 5, 2014). "Edison to Buy 457 Megawatts of Solar From 8minutenergy". Bloomberg.
  12. "U.S. solar developer 8minutenergy in $200 million joint venture". Reuters. 2018-12-11. Retrieved 2019-02-19.
  13. "8minutenergy, J.P. Morgan and Upper Bay Form $200M Joint Venture for Solar Project | Los Angeles Business Journal". labusinessjournal.com. Retrieved 2019-02-19.
  14. Roth, Sammy (September 10, 2019). "Los Angeles OKs a deal for record-cheap solar power and battery storage". Los Angeles Times. Retrieved September 11, 2019.
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