11 December 2012
Framingham, Massachusetts based renewable energy company, Ameresco (NYSE: AMRC) has opened a 2.2 MW landfill gas to energy project in Paradise, California.
The facility has been developed at Butte Country's Neal Road Recycling & Waste Facility in Paradise and will be generate royalty payments which are expected to save the County significant amounts of money over the life of the 20 year contract with Ameresco.
For its part, Ameresco said that it designed and built the facility, and will own, operate and maintain it for the duration of the 20 year contract, returning a portion of the revenues from the sale of that power returned to the County for the duration of the contract.
The energy produced will be sold to utility company Alameda Municipal Power through a 20 year power purchase agreement.
According to Ameresco the current facility is expected to generate enough clean energy to reduce direct and indirect greenhouse gas emissions by over 10,400 tons (9430 tonnes) of CO2 annually - equivalent to removing nearly 1900 cars from the roads or planting over 2000 acres of trees.
Speaking at the ribbon cutting ceremony, Congressman-elect Doug LaMalfa commented: "We need domestic energy production. This is a great example of taking waste and creating power from it."
Steve Lambert, chair of the Butte County Board of Supervisors added: "This innovative public-private partnership further increases the County's renewable energy production while generating revenues for the County."
The company added that it expects to nearly double capacity at the plant in the near future, bringing it to 4.3 MW.
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