HAYWARD SOLAR
FREEBORN COUNTY, MINNESOTA
Project Details
Arevon is proud to be building the Hayward Solar Project, located in Freeborn County, Minnesota.
Here is a snapshot of the project:
Size
150 megawatt AC
Location
Freeborn County, Minnesota. The power will be transmitted to the Hayward-Murphy Creek 161kV Line (SMMPA).
Land Area
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.
Investment
$128 Million local estimated investment
Power Generation
The project is expected to generate enough solar energy to power the average electricity consumption of approximately 28,000 Minnesota homes each year.
Project Life
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:
Construction Jobs
204 full-time construction jobs.
Tax Revenue
The project will generate an estimated $461,870 in state and local taxes during construction and $99,040 annually.
Operations Jobs
4 full-time operations and maintenance jobs.
Economic Ripples
$3.3 million in economic activity in the county per year.
Benefits
Community Benefits
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Generates property and sales tax revenue for schools, first responders and other local needs
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Compensates landowners for land use providing stable income source for over 35 years
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Contracts with local businesses and services
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Does not place heavy burden on government-supported services like schools and roads
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Results in secondary economic activity for local restaurants, hotels and other retail and wholesale businesses
Power Benefits
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Does not need external fuel inputs, reducing transportation risks and increasing reliability
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Will help Minnesota meet its power needs
Environmental Benefits
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Produces zero-emissions power that does not contribute to local pollution or global climate change
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Generates power with no noise or smell
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Will help Minnesota meet its clean energy and climate goals