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CEAC-2019-09-September

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NEWS<br />

Company Proposes Solar Power Project<br />

East of Lincoln<br />

LINCOLN, Neb. (AP) — A New York company is preparing to<br />

build a 230-megawatt solar power farm east of Nebraska’s<br />

capital city of Lincoln, making it the biggest solar installation<br />

in the state.<br />

Ranger Power, which is based in Brooklyn, New York, said<br />

it has arranged leases with the owners of more than 1,000<br />

acres near a Lincoln Electric System substation and intends to<br />

seek a local permit for the solar farm.<br />

The project development manager, Colin Snow, said Ranger<br />

has talked to three major Nebraska utilities — Lincoln Electric,<br />

Omaha Public Power District and Nebraska Public Power<br />

District — about buying the power but has not sealed any<br />

deals. The company wants to build the entire $230 million<br />

project in one phase, but that could be difficult if it does not<br />

get enough power purchase commitments.<br />

Ranger Power has done more than 20 solar projects in eight<br />

Midwestern states. Snow said the Lincoln site was attractive<br />

because of the substation nearby and the proximity to the<br />

state’s “major load stations” of Lincoln and Omaha.<br />

C.J. Walsh, the company’s vice president of development,<br />

said “there’s a great opportunity to sell power in Nebraska.”<br />

That’s because utilities are always looking to diversify their<br />

power sources, and solar power can act as a stable hedge<br />

against other power sources that have more volatile prices,<br />

he said.<br />

The company hopes to start construction within two years,<br />

and the work would take six to 12 months.<br />

The project would create more than 300 temporary construction<br />

jobs but only about a half-dozen permanent jobs, said<br />

Pat Haverty, vice president of the Lincoln Partnership for<br />

Economic Development.<br />

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