Tag Archives: third-party financed solar

Model for Nebraska: Investment in solar grows dramatically in Minnesota’s K-12 schools

Written by Frank Jossi, Midwest Energy News

The largest solar project ever built to serve a Minnesota school district began producing energy last week. The Farmington public school district’s 3.1 megawatt (MW) project places photovoltaic panels on the rooftops of several buildings. The first project to go live is the 715 kilowatt, 2,200 panel installation on the roof of Dodge Middle School, with more buildings to follow. Once fully completed next year, the project will be one of the biggest rooftop solar photovoltaic installations ever built in Minnesota by a government entity. Read more here.

Photo by Farmington Area Public Schools

As in Minnesota, Nebraska K-12 schools, colleges and universities have the option of investing in solar through third-party financing, or in some communities such as Kearney, subscribing to a community solar development.

Model for Nebraska: Solar4Schools, which Frank Jossi references in his article, is a program created by IPS Solar that, for over a decade, has installed PV arrays at a number of Minnesota K-12 schools as well as colleges and universities. These include: Macalester College, Northland College, St Johns University, St Olaf College, University of Minnesota and University of St Thomas.

Supreme Court ruling helps Iowa college expand solar array

By Karen Uhlenhuth, Midwest Energy News

Solar array at Luther College in Decorah, Iowa (Photo: Nikole Hanna/The Gazette-KCRG)

Solar array at Luther College in Decorah, Iowa (Photo: Nikole Hanna/The Gazette-KCRG)

Synopsis
Thanks to an Iowa Supreme Court ruling last summer, the Eagle Point case, which permitted third-party ownership of solar installations, Luther College will have access to funding for a $1.6 million campus solar project, one of the largest in the state. As a nonprofit, the college cannot directly take advantage of federal and state tax credits; however, Oneota Solar, the third-party financier, can. Luther College will purchase the solar system once Oneota has accumulated all the depreciation benefits. Payback for the college will be reached in approximately 13 years.

Read the article here.