CORPORATE FORTUNES

Silicon Ranch Completes Tennessee Solar Farm With Support Of Utilities, EV Maker

By EnergyTech Staff

Renewable energy company Silicon Ranch has completed a 6.75-MW solar facility in Puryear, Tennessee, in partnership with the Paris Board of Public Utilities (Paris BPU) and the Tennessee Valley Authority (TVA).

The project, named Paris Solar Farm – Puryear, has been developed as part of TVA’s Generation Flexibility Program, which aims to encourage local power companies to develop distributed generation facilities and provide renewable energy solutions to customers.

According to Silicon Ranch, the facility will produce enough renewable energy to power about 1,000 homes per year and help ensure that Paris BPU continues to provide Henry County customers with safe, reliable, cost-effective energy.

Through this project, the company also expects to generate hundreds of thousands of dollars in new tax revenue for the county.

Additionally, electric automaker Rivian Automotive has partnered with Silicon Ranch’s carbon solutions platform Clearloop to support the development of 1 MW of the Paris Solar Farm – Puryear project.

“As a company that calls Tennessee home, Silicon Ranch is proud to continue to deliver on our commitments to build, own, and operate projects like this that not only help spur positive growth, but also provide a source of reliable, cost-effective renewable energy to communities in our own backyard,” said Silicon Ranch Co-Founder and CEO, Reagan Farr. “We applaud Paris BPU for utilizing TVA’s visionary Generation Flexibility Program and look forward to partnering with both companies for years to come.”

Silicon Ranch is a Nashville-based provider of customized renewable energy, carbon, and battery storage solutions. Its portfolio includes more than 5 GW of solar and battery storage systems that are contracted, under construction, or operating across the US and Canada.

Paris BPU is a municipal utility that provides electric, water and wastewater services to residents of Paris and Henry County.

The Tennessee Valley Authority is a corporate agency of the US that provides electricity for business customers and local power distributors serving nearly 10 million people in parts of seven southeastern states.

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