Community solar facilities that leverage RenuWell sites, products and processes
RenuWell offers a innovative solution to turn oil and gas well sites into prime locations for solar facility development. We work with your community to get solar facilities in the control of the community and any support needed such as workforce development.
Key advantages for Communities:
- Good for work force transition: Increased efficiency with crews cross-trained for oilfield and renewable energy
- Local investment: Community generation projects are typically structured for investment by and for community members which keep the revenue local to the area
- Tool for hedging electricity prices: Lock in at 57.13/MWh for 30 years. Considering electricity prices are projected to go up this is a great move for organizations and individuals
- Indigenous Ownership: The smaller sites lend themselves to Indigenous ownership participation and can be used to provide electricity to Indigenous communities
Parameter | Description |
Solar facility size | Available in 500, 750, and 1000KW |
Location | Various options available across key solar yield regions |
Cost | Depending on a large number of varables, community projects typically range from 1.5 to 2 CAD per watt of installed solar |
Services provided | Permitting, site selection, interconnection activities, prime contracting, training |
Stakeholder engagement | Local community, utilities, landowners, regulatory bodies as needed |
Ownership | Open to partial ownership or consultant fees |
Environmental Impact | Comprehensive reports on local flora, fauna, and water bodies |
ROI Projections | Financial projections based on solar yield estimates |
Why use RenuWell for your community project?
RenuWell Community is your end-to-end solution for community-based solar generation projects. We serve as your committed partner, offering prime contracting along with comprehensive support for all project documentation, system design, reclamation certificates, distribution facility asset IDs, and utility and regulatory paperwork. Our expertise streamlines the complex process of launching and running a community solar facility, empowering you to contribute directly to a sustainable energy future.
Contact Us to learn more about how RenuWell can enable your community project.