Arevon is proud to be building the Hayward Solar Project, located in Freeborn County, Minnesota.
Here is a snapshot of the project:
150 megawatt AC
Freeborn County, Minnesota. The power will be transmitted to the Hayward-Murphy Creek 161kV Line (SMMPA).
The project will have a footprint of nearly 2,000 acres of land to locate solar panel arrays, an operations and maintenance building, inverters and access roads.
$128 Million local estimated investment
The project is expected to generate enough solar energy to power the average electricity consumption of approximately 28,000 Minnesota homes each year.
Once constructed, the project has a 35-year useful life. After this time, it will be decommissioned in accordance with a decommissioning plan and bond.
Economic Development Study
An economic study conducted by the University of Minnesota Extension, in collaboration with senior economic impact analyst Brigid Tuck, reported that the project being developed by Arevon and Tenaska in Freeborn County, the 150-megawatt Hayward Solar Project, would result in broad economic benefits. Benefits are expected to exceed:
204 full-time construction jobs.
The project will generate an estimated $461,870 in state and local taxes during construction and $99,040 annually.
4 full-time operations and maintenance jobs.
$3.3 million in economic activity in the county per year.
Generates property and sales tax revenue for schools, first responders and other local needs
Compensates landowners for land use providing stable income source for over 35 years
Contracts with local businesses and services
Does not place heavy burden on government-supported services like schools and roads
Results in secondary economic activity for local restaurants, hotels and other retail and wholesale businesses
Does not need external fuel inputs, reducing transportation risks and increasing reliability
Will help Minnesota meet its power needs
Produces zero-emissions power that does not contribute to local pollution or global climate change
Generates power with no noise or smell
Will help Minnesota meet its clean energy and climate goals