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Keene advances plan for up to 5.5 MW airport solar farm; committee recommends bonding resolution
Summary
After a presentation by Revision Energy, the committee voted unanimously to recommend that the city manager draft a municipal-bonding resolution for an airport solar project that Revision estimates would be about $14 million before incentives and about $10.2 million after a 30% investment tax credit; the committee requested further financial review before a final decision.
The Keene Finance, Organization and Personnel Committee advanced a proposed airport solar farm and unanimously recommended that the city manager draft a bonding resolution for further consideration by the full council.
Dan Weeks, vice president at Revision Energy, presented the project and financial assumptions. He described a fixed-tilt, community-scale solar installation at airport property south of the runway with a nameplate of approximately 5.5 megawatts DC (about 3.5 MW AC), roughly 9,000 panels, and expected annual generation of about 6.5 million kilowatt hours. "It's a cleared greenfield ... it's prime for this kind of development," Weeks said, noting the site faces height restrictions that limit other uses.
Revision estimated…
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