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Moline advances plan to lease 25-acre site for community solar, recommends Community Power Group
Summary
City staff recommended leasing 25 acres of the Boyd property to Community Power Group for a community solar field that would provide subscription savings to residents and modest annual lease revenue to the city; the proposal hinges on MidAmerican interconnection capacity and tax-credit deadlines.
City staff recommended the council pursue a land-lease model for a 25-acre community solar facility on the Boyd property and to move forward with Community Power Group as the preferred developer.
Shauna Jazzy, the presenter, told the council the city solicited interest from about 40 licensed Illinois developers and received four proposals from three qualified bidders. She said staff evaluated proposals on infrastructure, commitment to MidAmerican interconnection upgrades, and contract structure, and recommended Community Power Group — a Maryland-based developer with an Illinois project track record. "Based on the proposals that were reviewed, by the city of Moline staff and our company, we are recommending that the city move forward with a Community Power Group," the presenter said.
Why it matters: the lease model requires no up-front city capital, provides annual lease payments to the city, and allows municipal facilities and…
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