Utility-Scale Solar and Storage
TurningPoint Energy Team Solar Project Experience
Over the past 14 years, our team has developed, contracted, financed, installed and serviced more than 2 Gigawatts (GW) of solar projects with a value of more than $3 billion all over North America.
Utility-Scale Solar Project Structure
The vast majority of TurningPoint Energy’s utility-scale projects use the power purchase agreement (PPA) structure of contract which utilities, school districts, cities, counties, states, commercial businesses, industrial clients and many others have gained comfort in utilizing to buy solar power without having to buy the entire capital solar asset.
PPA Benefits for Our Solar Power Clients
- Connect your facility to a solar power project
- Immediate energy savings
- Alternative power generation to traditional grid power
- Predictable electricity bills for 20 – 30 years
- No upfront costs / infinite return on investment
- 20 – 30 year power purchase agreement
- TurningPoint Energy develops, finances and manages the project through installation and service.
Based on our expertise and business relationships, we often find that solar project development leads to storage development discussions as well. When we listen to our clients, many times we find that they desire all-inclusive energy strategies and plans. We are here to help and do this as an advisor or as a project developer.
We have always known that once renewable energy penetration into buildings and the utility grid matures, energy storage would become a vital tool to helping our clients further manage their energy needs.
The cost of energy storage is on the way down and we are starting to work on solar and energy storage project combinations for our clients. The combined value of solar plus storage means further energy management and energy control for our clients over the long term.