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Solarstone Ltd. has retained EnergyNet for the sale of a late-stage development 30 megawatt (MW) solar PV and 60 MW/180 megawatt-hour battery energy storage system (BESS) project in Kit Carson County, Colorado. The lot# 119229 package includes a lease rate of $425 per acre utilized, with a 2% annual escalation.

EnergyNet
(Source: EnergyNet)

Opportunity Highlights:

  • The Kit Carson Solar I Project is in late-stage development and features a 30 MW solar photovoltaic (PV) system and a 60 MW / 180 MWh battery energy storage system (BESS). The project area encompasses 400 acres within the Eastern Colorado Energy Center, located in Kit Carson County, Colorado.

Overview

  • Location: Kit Carson County, Colorado (39.5374, -102.5969)
  • Technology: 30 MW solar PV and 60 MW / 180 MWh BESS
  • COD: Q1 2026
  • Interconnection: 90 MW capacity at POI with ERIS designation
  • Environmental Site Assessment: Completed; no significant findings
  • Cost Estimates: Received and available for PV and BESS materials
  • Interconnection Request: Submitted to Tri-State in 2022
  • DISIS: Completed by Tri-State
  • Interconnection Agreement: Negotiations scheduled for 09/2024

Site Control

  • Lease Option: Executed in Q2 2022
  • Option Term: 5 years
  • Lease Term: 20 years, with two 10-year extensions
  • Lease Rate: $425 per acre utilized, with a 2% annual escalation

PVsyst Report

  • Annual Production: 82,339,271 kWh/year
  • Performance Ratio (PR): 92.41%

Bids are due Aug. 29 at 4:00 p.m. CDT. For complete due diligence, please visit energynet.com or email Chris Atherton, CEO and president, at Chris.Atherton@energynet.com; Gus Rivero, chief ventures officer, at Gus.Rivero@energynet.com; or Anastasia Brooking, vice president of strategic development, at Anastasia.Brooking@energynet.com.