When most people think of net-metered solar, they think of rooftop solar arrays on homes and small businesses; modest projects that feed the consumption of a family or maybe a store or an office.
And with good reason. Many states have capped their net metering programs so that only projects under a certain capacity can qualify for the program.
New Jersey is not among those states, and only requires that net-metered PV systems be no larger than is required to serve the annual electricity usage of a customer. This is how a 23.5 MW solar project that New Jersey’s KDC Solar is building will offset “virtually all” of the electricity usage at the Six Flags Great Adventure in Jackson, New Jersey under net metering.
This is far from the only very large solar project to launch lately that qualifies for net metering. In August Xcel Energy and steel maker EVRAZ announced a deal under which a 240 MW solar plant will be built to supply the Rocky Mountain Steel Mill in Colorado.
A press release announced the KDC started construction on the Six Flags project earlier this week, but did not state when it will be completed. Unfortunately the project is already several years behind schedule, as it was previously slated to be completed in 2016.
Under the earlier plan the solar project was to comprise 90 acres, and it is unclear if this has changed. While substantial, this is dwarfed by the Six Flags complex, which after its 2012 merger with the Wild Animal Safari Park became the second-largest theme park globally at 510 acres.
Seminole Financial Services is providing debt financing for the project through a construction and permanent loan facility, and development capital and project equity was arranged by GoldenSet Capital Partners.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
This project highlights the challenges of non-rooftop non-parking canopy solar. The original project plan called for clear cutting 90 acres of forest in the densest, most urban state in the nation while ignoring acres of parking lot space (for which solar canopies would have provided welcome respite from the hot summer sun). After litigation by the Sierra Club, mitigation elements were added- still not perfect but better.
Other states that are more rural and have lots of underutilized farmland may not encounter these issues.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.