Revolve Renewable Power Corp. is pleased to provide an update on the ongoing development activity in relation to its 49.6MW Primus Wind project (the “Primus Project”). This release is part of an ongoing effort to keep shareholders apprised of ongoing development activities at the Company’s portfolio of utility scale solar, battery storage and wind projects in the US and Mexico.
Primus Wind Project Location
The Primus Project is located north of Burlington in Kit Carson County along the Eastern Plains of Colorado, one of the main wind energy states in the US. Average wind speeds in Kit Carson County are among the highest in the US, providing vast resource potential for wind energy projects. The Primus Project site is easily accessed through the existing local road network and is in close proximity to the local transmission network.
Development Highlights
Development activity on the Primus Project commenced in August 2021 and to date has consisted of securing site control, interconnection and energy resource assessment as follows:
- Site control – the Company has signed a number of lease option agreements with various private landowners, which provide sufficient land for the full capacity targeted for this phase of the Primus Project. These agreements provide Revolve with an option to enter into long term leases of up to 25 years to allow for the construction and operation of the Primus Project.
- Interconnection – the Primus Project is located in close proximity to the existing transmission network in the state. In addition to the existing transmission infrastructure, there are plans to significantly upgrade the transmission network across the Eastern Plains in Colorado to facilitate the continued expansion of renewable energy electricity generation projects. Transmission projects such as the Xcel Energy Colorado Power Pathway are targeting additional transmission capacity to accommodate up to 5,000MWs of new generation capacity.
- In late 2021 the Company applied for an interconnection informational study with Tri State Generation and Transmission Inc. (“Tri State”). The purpose of this study, which was received in February 2022, was to provide a detailed overview of the likely interconnection methodology for the Primus Project. Based on this study the Company made the decision to apply to Tri State for interconnection for the Primus Project. An interconnection application was submitted to Tri State in May of this year with the Phase One study results due to be released during Q1 2023.
- Energy resource assessment – the energy resource assessment consists in the first instance of the installation of a meteorological mast (“met mast”) at the project site to collect climatic data over a minimum period of 12 months. Over the course of this year the Company obtained a permit from the local county office in Kit Carson for the installation of a met mast at the project site. The installation of this mast (see figure 1) was completed in September by Harness Energy LLC, a specialist met tower installation and repair company based in Colorado and data collection has now commenced.
2023 Development Activities
The Company is planning to continue the development of the Project during 2023, with a particular focus on:
- Interconnection – completion of the Phase One study by Tri State and subject to the results of this study the Company will continue to the next phase of the interconnection process.
- Permitting – the Company is in the process of completing a permitting schedule for the Project. It expects to commence work on various county and state permits required for the Primus Project once the Phase One interconnection study has been received. These will take between 12 to 15 months to secure once applied for.
- Energy Resource – following collection of twelve months of wind data the Company will commission an energy yield assessment report, which will outline the electricity expected to be generated by the project under various scenarios and utilizing different types of wind turbines.
- Basic Engineering – the Company will appoint a 3rd party engineering firm to begin basic engineering works, which will focus on a preliminary design of the project layout and location of the turbines. These activities should be completed during Q1 2023.
- Revolve is targeting a ready to build date during 2024 for the Primus Project.
