November 22, 2024 12:53 am
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Solar facility at UA Tech Park sold

Inside Tucson Business

A 6-megawatt commercial solar project built on a 38.5-acre parcel in the University of Arizona’s Science and Technology Park has been acquired by Duke Energy Renewables, based in Charlotte, N.C.

The project, which was started a year ago, went online this week.

Named the Gato Montes Solar Power Project, it was constructed by AstroSol Inc., a joint venture between solar panel manufacturer Astronergy Solar Inc. and solar project developer Solmotion GmbH of Germany, which took out a $12.3 million loan for the project. A purchase price to Duke Energy Renewables was not announced.

The project used solar photovoltaic (PV) thin-film, amorphous silicon technology. It is one of several technologies being tested at the UA Tech Park.

Power produced at the facility is sold to Tucson Electric Power, under a 20-year agreement.

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