The Cimarron project has already received local approvals and will complete permitting in 2010. CPV will construct and operate the wind farm, which is expected to start producing power in 2011. CPV Cimarron was one of the renewable energy projects selected from more than 60 responses to a TVA request for proposals issued in December last year. This is the second long-term PPA CPV REC has entered into with TVA and the third long-term agreement has been announced by CPV REC.
Sean Finnerty Sr, vice president of CPV, said: “CPV is working to help energize America’s future. CPV and TVA have again teamed up to advance the growth of clean, renewable energy resources as part of a bridge to a sustainable energy future. TVA’s bold leadership in choosing environmentally clean sources of electricity to meet their generation needs is to be commended.”
CPV REC has executed over 500MW of long-term PPAs in the last several months. In October 2009, CPV REC and TVA revealed a 200MW PPA from CPV REC’s Ashley wind farm in North Dakota. In September, CPV and Oklahoma Gas & Electric agreed to a 152MW PPA from CPV’s Keenan wind farm in Oklahoma. CPV REC has wind farms scheduled to enter commercial operation in each of 2010, 2011, and 2012.
