GREEN POWER SEPA PARTNERSHIP Aligning Green Power Partners with New Renewable Energy Projects Pilot Project Summary Please return the completed summary via email to Blaine Collison, Green Power Partnership Director, collison.blaine@epa.gov / 202-343-9139 Project Name: SILVER LAKE SOLAR Developer Name: COMMUNITY GREEN ENERGY, LLC 750 VETERAN'S PARKWAY, SUITE 104 LAKE GENEVA, Wl 53147 Renewable Energy Type: SOLAR PV Total Planned Megawatt (MW) Size: 12.5 (DC) Phase I: 12.5(DC) Phase II: Project Location: SILVER LAKE ROAD Is the project permitted?: YES: USE/ZONING/BULK VARAINCES RECEIVED COUNTY PERMIT RECEIVED NJDEP APPROVAL RECEIVED If not, what is the permit status?: FINAL CONSTRUCTION AND ELECTRICAL PERMITS AVAILABLE IN 30-60 DAYS What is the status of the project's site?: 30-YEAR LEASE EXECUTED Have land leases been filed with the county?: YES What is the status of interconnection, and have system impact and facility studies been completed? (Distribution or transmission level projects are both eligible): UPPER DEERFIELD TWP., NEW JERSEY (CAN OPT TO PURCHASE) PJM STUDIES HAVE ALL BEEN COMPLETED, INTERCONNECTION AGREEMENT WITH ATLANTIC CITY ELECTRIC RECEIVED, AND AGREEMENT FOR WHOLESALE MARKET PARTICIPATION (IF ELECTED) WITHIN PJM IS APPROVED AND SIGNED. ------- Does the transmission owner (TO) or independent system operator (ISO) have a process to study the project's impact on the local or regional grid and the subsequent cost to interconnect?: PJM AND ATLANTIC CITY ELECTRIC HAVE A PROCESS WHICH ALREADY IS COMPLETED (SEE PREVIOUS QUESTION AND ANSWER) AND THE INTERCONNECTION PLAN AND COST DOCUMENTED. What is the status of the Environmental Impact Statement?: ALL EIS AND PHASE I AND II STUDIES HAVE BEEN COMPLETED ALLOWING FOR THE PROJECT TO BE DEVELOPED AND CONSTRUCTED AS PLANNED. Is any element of the project - technology or other - experimental or pilot-phase?: NO, NOT REALLY. BUT THIS PROJECT IS A PILOT OF OURS TO ARRANGE FOR GPP MEMBERS TO SUPPORT SOLAR PROJECTS BY TEAMING WITH US, AS DEVELOPER, AND ONE OF OUR MANY WHOLESALE ELECTRIC SUPPLIERS TO PURCHASE THE SOLAR ELECTRICITY FROM OUR SUPPLIER VIA A 'BUNDLED' POWER PURCHASE AGREEMENT. What is the long- and short-term operations program of the project? Does the renewable energy technology manufacturer have a technical support team locally available?: THE PROJECT (PROJECT INVESTOR/OWNER) WILL HIRE AN EXPERIENCED O&M COMPANY THAT IS AFFILIATED WITH THE EPC CONTRACTOR. TOGETHER THEY HAVE THE ABILITY TO SUPPORT AND PURSUE ALL TECHNOLOGY WARRANTIES ALL THE WAY BACK TO THE MANUFACTURER. THERE IS NO NEED FOR LOCAL MANUFACTURER SUPPORT WITH THE EXPERIENCE OF THE O&M COMPANY, THE EPC CONTRACTOR CAPABILITIES, AND THE SOUND RELATIONSHIPS THEY BOTH HAVE WITH THE TECHNOLOGY MANUFACTURERS. For wind projects, has a meteorological tower been installed? If yes, when was the tower installed and how much data has been collected?: N/A Who has analyzed the data and what is that person's experience with respect to projects that have actually been financed?: N/A Can the turbine manufacturer be financed through "traditional" tax equity and debt in the U.S.?: N/ Provide a short summary of how you view project finance and structure/ownership: AS DEVELOPER, WE KNOW FINANCING RELIES UPON STRONG, EXPERIENCED PROJECT PARTICIPANTS, AND WORTHY OFF-TAKE CONTRACTS FOR SALE OF POWER AND SREC'S. OUR MODEL HAS SUCCEEDED USING OUR SOUND DEVELOPMENT PRACTICES, ATTRACTING RESPECTED CONTRACTORS AND PROJECT MANAGERS, AND SOLVING THE OFF-TAKE CONTRACT REQUIREMENTS BY INTRODUCING CREATIVE WAYS FOR OUR TEAM OF WHOLESALE ELECTRIC SUPPLIERS TO ACQUIRE OUR SOLAR POWER AND DISTRIBUTE IT TO COMMERCIAL USERS ANYWHERE. WE DEVELOP OUR PROJECTS TO THE POINT OF CONSTRUCTION, WHEREUPON, WE BRING IN AN INVESTOR TO ACQUIRE 100% OF THE PROJECT AS THE OWNER/OPERATOR. What are your ideal types of prospective institutions/partners?: OUR RENEWABLE ENERGY PROJECT(S) WILL BECOME A REALITY, BUILT AND OPERATING, BY TEAMING WITH INTERESTED NATIONAL COMMERCIAL, INDUSTRIAL, AND GOVERNMENTAL ACCOUNTS TO ------- WORK WITH ANY OF OUR TRUSTED WHOLESALE ELECTRIC SUPPLIERS TO DRAFT AND ENTER INTO MASTER PPA'S THAT WILL INCLUDE THE CLEAN SOLAR POWER GENERATED FORM OUR SOLAR PV PLANTS. What is the intended off-take for the renewable power with respect to bundled or unbundled products and is there a preference? AS MENTIONED HEREIN, WE WILL SEEK QUALIFIED COMMERCIAL, INDUSTRIAL, AND GOVERNMENTAL OFF-TAKERS WHO ARE SEEKING TO INCORPORATE RENEWABLE ENERGY INTO THEIR MIX OF TOTAL ELECTRICITY CONSUMPTION. THIS WOULD BE DONE THROUGH CERTIFIED ALTERNATIVE WHOLESALE SUPPLIERS WHO ARE PURCHASING THE SOLAR POWER DIRECTLY FROM US UNDER OUR OWN PPA. SALE OF SREC'S WOULD BE UNBUNDLED AND SOLD SEPARATELY AS THE RESPONSIBILITY OF THE PV SYSTEM OWNER/INVESTOR. ------- |