SunPower Corp. brought online its Redstone Arsenal project, a 10-MW solar photovoltaic system plus a 1-MW energy storage system, located at the Red Arsenal U.S. Army post in Alabama.
The photovoltaic solar installation will be operated and maintained by SunPower and sell all of its output to the army under a 27-year power purchase agreement, according to a Feb. 26 news release.
This project is a collaboration between the U.S. Army Office of Energy Initiatives, Redstone Arsenal, the U.S. Army Corps of Engineers and SunPower. SunPower said its Oasis power plant system at the site will help decrease energy expenses and improve power security.
Birmingham, Ala.-headquartered Regions Bank is financing the project. Cornerstone Financial Advisors LLC advised Regions Bank on this transaction.
SunPower is majority-owned by Total SA.