“Previously, the site had been intended for natural gas-fired power generation. “Estuary first envisioned the Turquoise Solar project back in 2013,” said Jill Daniel, president of Estuary. The project, originally developed by Estuary Capital Partners and Sumitomo Corporation of Americas, was acquired by GREC in 2019. We’re excited to have the Turquoise Solar Project bringing new renewable energy to Nevada.” “In the process, we’ve charted a course for other companies and organizations to bring clean energy projects to communities around the world and help combat climate change. Cypress Creek Renewables provides operations and maintenance for the project.Īpple is proud that for nearly three years we’ve powered all of our worldwide operations with 100 percent renewable energy,” said Lisa Jackson, Apple’s Vice President of Environment, Policy and Social Initiatives. This strong performance has benefited from the service provider’s ability to keep the inverters at near-100% availability to generate clean power for Apple’s data center. The project reached commercial operation on Decemand has outperformed expected power generation to date, despite lower-than-expected levels of sunshine. During the year, our total investment income increased by 60% reflecting the strong growth we’ve achieved thanks to projects like Turquoise.” Despite an extremely challenging year across the country, 2020 was a year of growth for us, as we continued to bring amazing new wind and solar projects like this one online. We’re incredibly proud to have been part of it all. “Completing it has been a huge accomplishment and is the product of a tremendous collaborative effort between the parties involved. Moreover, it is very highly regarded in the solar power industry,” said Charles Wheeler, CEO of GREC. “Turquoise is the largest single operating solar project in the Greenbacker Renewable Energy Company portfolio to date, with many more great projects soon joining it from our construction pipeline. The project was also recently awarded “Utility-Scale Project of the Year” in Solar Builder’s 2020 Project of the Year awards. Upon completion, the project became the largest operating solar project in GREC’s portfolio. Within the Park, the Turquoise Solar Project is owned by Greenbacker Renewable Energy Company (“GREC”), a utility-scale renewable energy development company. The new 61 MWdc solar farm is located on approximately 180 acres in the Reno Technology Park-a 2,200-acre master planned industrial park shared between Apple and Turquoise Solar, who own approximately 1,600 and 600 acres, respectively. McCarthy Building Companies’ Renewable Energy & Storage group recently completed construction of the Turquoise Solar Project in Washoe County, Nevada. New solar facility provides clean energy to Apple’s Nevada data center, located in the Reno Technology Park

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