Silicon Ranch, an independent power producer, and Middle Tennessee Electric, the largest electric cooperative in the Tennessee Valley Authority region, recently announced a solar agreement under TVA’s newly expanded Generation Flexibility Program.
They have agreed to partner on the 110-megawatt Copeland Solar Farm, which will be the largest solar facility to serve a local power company directly in the Tennessee Valley.
TVA’s Generation Flexibility program is designed to encourage local power companies to develop new distributed generation facilities to meet community needs, attract new businesses and grow renewable energy at the local level.
On behalf of MTE, Silicon Ranch will fund, construct, own, operate and maintain the Copeland Solar Farm in Cumberland County, Tennessee.
Once construction is completed in late 2027, MTE will receive the power and environmental attributes generated by the facility.
As both the landowner and operator, Silicon Ranch will remain invested in and committed to the continued success and economic viability of Cumberland County and the surrounding community for decades to come. Silicon Ranch is making a significant investment to install the Copeland Solar Farm, and over time, the project will generate millions of dollars in new tax revenue for Cumberland County to support local infrastructure and schools, among other community-identified priorities.
Silicon Ranch hosted a signing ceremony at the company’s headquarters in downtown Nashville with senior officials from MTE and TVA.
“TVA’s Generation Flexibility Program is extremely popular because it helps our LPC partners use renewable energy to lower costs and provide economic benefit to their community,” said Justin Maierhofer, Regional Vice President at TVA.