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New York City-based Madison Energy Infrastructure and Verogy, a West Hartford, Conn.-based distributed generation developer and construction company, recently completed an approximately $10 million solar array for Lowell-based utility Beaver Water District.
The 7.22-megawatt DC, or 5-megawatt AC, Beaver Water District Solar Park was originated, developed and financed by Madison Energy Infrastructure and built by Verogy. The array is operational and expected to generate about 12,300 megawatt-hours of renewable energy annually and meet 15% to 20% of Beaver Water District’s electricity needs. It was built on about 32 acres, adjacent to the district’s administrative center at 301 N. Primrose Road.
According to a news release, the array is a single-axis tracker system comprising more than 15,000 solar panels generating enough energy to power nearly 1,140 homes annually. The project is expected to offset about 8,264 metric tons of carbon dioxide annually, equivalent to removing nearly 2,000 passenger vehicles from the road or eliminating over 21 million miles driven by an average gasoline-powered passenger vehicle each year.
Beaver Water District estimated the array will generate $7 million to $11 million in lifetime savings, the release shows.
“This solar installation strengthens our ability to deliver safe, affordable, and reliable water to the communities we serve,” said M. Lane Crider, CEO of Beaver Water District. “It lowers long-term operating costs, supports regional growth, and reinforces our commitment to sustainability. Our customers will benefit from this investment for decades to come.”
“The best infrastructure comes from real partnerships, not one-off transactions,” said Ryan Coakley, chief development officer of Madison Energy Infrastructure. “Beaver Water District trusted us with a critical piece of its energy future, and we knew we could trust Verogy to deliver. This is community infrastructure at its best: a new solar array directly across the street from the district’s water treatment plant, delivering resilience and savings where it matters most.”
Beaver Water District supplies drinking water to the cities of Fayetteville, Springdale, Rogers and Bentonville, and has more than 425,000 customers in Northwest Arkansas.
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