Silicon Ranch is signing an agreement to develop a 110-MW solar project with MTE, the largest electric cooperative in the Tennessee Valley Authority (TVA) region and the second largest in the United States. The Copeland Solar Farm will be the first utility-scale solar project under TVA’s Expanded Generation Flexibility Program, which allows local power companies to access and directly procure utility-scale solar projects located outside of their distribution service territories.
MTE will receive the power and environmental attributes generated by the facility to benefit the more than 750,000 Tennesseans the cooperative serves across 11 counties. As both the landowner and operator, Silicon Ranch will invest more than $200 million to install the Copeland Solar Farm, and over time, the project will generate millions of dollars in new tax revenue for Cumberland County to support local infrastructure and schools, among other community-identified priorities.
News item from Silicon Ranch