Renewable Energy generated from RenuWell’s portfolio of agreggated solar facilities
RenuWell offers a innovative solution to turn oil and gas well sites into prime locations for solar facility development. By implementing a standardized design in large batches the RenuWell approach of aggregated DERs solves the problem that many large-scale energy producers face.
Key advantages:
- Less regulatory hurdles: Far lower amount of regulatory hurdles to address in comparison to large-scale utility solar. Examples of avoided Rule 007 include: wildlife surveys, transmission detailed studies, and environmental studies
- Efficient operations: Identical small-scale projects reduces overhead costs in comparison to 1-off projects that incur different configurations and concerns for each and every project
- Aligned to the concerns of stakeholders: The sites would resolve many of the concerns that have been brought up in the 2023 Pause Moratorium concerning large projects
Parameter | Description |
Aggregated facility size | Starting at 25MW |
Location | Various options available across key solar yield regions |
IRR? | TBD |
Capacity factor | 20%+ |
Technologies used | Virtual Power Plants, energy storage as required/available, pilot activities |
Amenities? | Road access, class 2 fencing, software control |
ROI Projections | Financial projections based on solar yield estimates |
Why Choose RenuWell Energy?
RenuWell Energy is a product designed to redefine the economics of solar power generation. By aggregating multiple sites for solar development on the distribution network, we create large power capacities that rival transmission-connected solar installations. Our approach not only reduces the overhead associated with regulatory studies but also leverages the concept of virtual power plants to seamlessly integrate the aggregated sites. Most importantly, our product offers expedited project timelines, as it operates within a more flexible regulatory framework for small-scale generation, sidestepping the cumbersome Rule 007 that large-scale generators must navigate. Choose RenuWell Energy for a fast, efficient, and competitive alternative to traditional utility-scale solar projects.
Contact Us to see about the viability of aggregated solar sites for your utility scale project