Recent Events

Carson Solar I, Ft. Carson, Colorado

The 2 Megawatt project was the result of a Colorado State renewable portfolio standard (RPS), a voter initiative of 10% renewable energy, later doubled to 20% by forward-thinking Gov. Bill Ritter Jr. The project was sited in Colorado utility Colorado Springs Utility (CSU) territory, on the Ft. Carson Army base, utilizing a landfill originally containing WWII barracks making productive use of land that could not be used for any other Army purpose.

The project uses 27,000 thin-film panels by First Solar and was installed by SunTechnics/Conergy of Germany. GreenRock Capital, LLC and Morgan Stanley (MSGreenrock, LLC) acted as the financiers and owner/operators on the project, a power purchase agreement which took advantage of the Colorado RPS and the Federal Energy Tax Credit. The Western Area Power Administration will purchase the power and sell it to the Army, utilizing Colorado Springs Utilities services in the process.

3Phases, LLC developed the project, securing a Renewable Energy Credits
contract from Xcel Energy for under their 2006 Solar Rewards competitive
RFP.

3Phases aligned and coordinated all the players involved and secured financing for the project from MS/Greenrock.

Colorado Gov. Bill Ritter Jr. and General Mark Graham, the Commander of First Army, Division West at Fort Carson cut the ribbon on this project at the ceremony that took place at the site on January 14, 2008.

The project will supply a portion of the Army's growing electricity needs for the next 20 years.