Vanderbilt University (TVA), Tennessee Valley Authority, Nashville Electric Service (NES), Duck River Electric Membership Corp.(DREMC), Silicon Ranch Corp. and Nashville Electric Service (NES) broke ground on a brand new solar farm currently under construction in Bedford County. The 35 MW AC Vanderbilt I Solar Farm, which is expected to start producing power before 2022, will be bringing new renewable energy to the Tennessee Valley.
Originally announced in January 2020, the partnership was under TVA’s Green Invest Program, which matches demand for green power from diverse business, industrial and organizational customers with new utility-scale solar projects located within the Valley. Customers can use the renewable energy program to achieve their sustainability goals quickly, efficiently, and at a competitive price.
“This marks a milestone for the Tennessee Valley as we break ground on the first project ever developed under TVA’s Green Invest program, and we are thrilled to be doing so with Vanderbilt University, our long-term partners NES and DREMC, and our local renewable energy partner Silicon Ranch,” says Jeannette Mills, TVA’s executive vice president and chief external relations officer. “Together with 153 local power company partners, TVA is building the energy system of the future. Green Invest has positioned us to bring together customers and renewable energy partners who are all investing in our communities.”
Vanderbilt has announced that it will power the campus entirely using renewable energy by 2019 and become carbon-neutral by 2050. The renewable generation from the Vanderbilt I will offset approximately 70% of Vanderbilt University’s annual Scope 2 greenhouse gas emissions.
“We are excited to partner with TVA, NES and Silicon Ranch on this landmark solar project, which we hope will provide a model of collaborative, forward-thinking solutions that can be adopted by other organizations in our region and across the country,” states Daniel Diermeier, chancellor of Vanderbilt University. “The Vanderbilt I Solar Farm will generate new jobs and tax revenues for the local community and also yield new educational and research opportunities for our faculty and our students – setting a bold precedent for how we can continue to work together on behalf of our shared future.”
Silicon Ranch, a Nashville-based company, is funding the project. It plans to hire more 250 skilled workers to install the facility. The majority of these workers will be recruited from Bedford County and the military veterans community. Silicon Ranch will also operate and own the Vanderbilt I Solar Farm.
“Several of our colleagues and I are proud Vanderbilt alumni, and all of us at Silicon Ranch applaud this world-class institution for its bold and thoughtful leadership,” comments Matt Kisber, co-founder and chairman of Silicon Ranch. “Thanks to Vanderbilt’s commitment and the vision of our friends at TVA, NES, and DREMC, Silicon Ranch is on pace to invest well over $1 billion in renewable energy projects across the Tennessee Valley, and we are proud to expand this legacy to Bedford County.”
To facilitate the Vanderbilt I Solar Farm, Vanderbilt entered into an agreement with TVA and NES, the university’s local power company. The solar project will be connected to the electric grid via the distribution system of DREMC, another local power company.
“NES is proud to partner with TVA, Vanderbilt, DREMC and Silicon Ranch to reduce carbon emissions in our region,” says Decosta Jenkins, president and CEO of NES. “We are committed to providing safe, reliable, and affordable power while continuing to listen to our customers’ needs.”
“Duck River Electric is thrilled to support this project and our friends at Vanderbilt, NES, TVA, and Silicon Ranch on this journey,” mentions Scott Spence, president and CEO of DREMC. “It is a privilege to be part of helping Vanderbilt achieve their sustainability goals, while ensuring the members of Duck River Electric do not incur any of the expense.”
The Vanderbilt I Solar Farm will utilize Silicon Ranch’s Regenerative Energy land management model, a holistic approach to design, construction and operations that co-locates renewable energy production with regenerative agriculture practices. Silicon Ranch will operate the project and restore the land to a functioning grassland ecosystem. The project will also be in agricultural production using managed sheep grazing with regenerative land management techniques.