REC Solar, a leading nationwide independent power producer (IPP) and Ventura Energy, a California central coast renewable energy developer, announce the completion of a 1.73 MW solar project at Farmers Irrigation Company’s Santa Paula site.
This project reflects a successful collaboration between strategic partners, pairing REC Solar’s long-term ownership and operational model under a 25-year power purchase agreement (PPA) with Ventura Energy’s expertise as a project developer – all in support of Farmers Irrigation Company’s mission to modernize water delivery for agricultural communities across Ventura County.
428+
Megawatts Deployed
Motive brings energy and connectivity into one operating model, creating measurable.
4k+
Megawatts Deployed
Motive brings energy and connectivity into one operating model, creating measurable.
$1,2m
Megawatts Deployed
Motive brings energy and connectivity into one operating model, creating measurable.
The Challenge
This project reflects a successful collaboration between strategic partners, pairing REC Solar’s long-term ownership and operational model under a 25-year power purchase agreement (PPA) with Ventura Energy’s expertise as a project developer – all in support of Farmers Irrigation Company’s mission to modernize water delivery for agricultural communities across Ventura County.
Together, the partners delivered a customized clean energy solution designed to generate approximately $12 million in total energy value over its lifetime and deliver $5 million in net savings that will directly reduce operating costs for Farmers Irrigation Company’s member farms and agricultural businesses.
“Farmers Irrigation Company has been a pillar of Ventura County’s agriculture industry for well over a century, and REC Solar is proud to support their work of integrating renewable energy into new, modernized operations,” said Scott Therein, REC Solar Director of Strategic Partnerships. “Strong, collaborative relationships with partners like Ventura Energy are essential in delivering energy solutions that can provide value to all involved parties. Together, we’re helping Farmers Irrigation Company and their members secure a cleaner, more reliable future.”
Founded in 1879 to deliver water to farms across Ventura County, Farmers Irrigation Company long relied on gravity-fed canals and pipelines. Transitioning to a pressurized distribution system will improve reliability, flexibility, and system control across the cooperative’s water delivery operations. Because pressurized systems require significantly more energy, solar generation offers substantial value as Farmers Irrigation Company future-proofs its operations. Their modernization efforts will make Ventura County agriculture more water, energy, and cost efficient.
Founded in 1997, REC Solar is a leading independent power producer (IPP) with nearly 30 years of expertise delivering, financing, owning and operating distributed energy assets nationwide. With 300+ MW under ownership, REC Solar provides end-to-end services – from engineering design and PPA financing to long-term ownership and operations. Backed by a decades-long track record of execution, REC Solar delivers the value, optimization and certainty organizations need to achieve their energy goals. For more information, please visit www.recsolar.com
About Farmers Irrigation Company
Founded in 1997, REC Solar is a leading independent power producer (IPP) with nearly 30 years of expertise delivering, financing, owning and operating distributed energy assets nationwide. With 300+ MW under ownership, REC Solar provides end-to-end services – from engineering design and PPA financing to long-term ownership and operations. Backed by a decades-long track record of execution, REC Solar delivers the value, optimization and certainty organizations need to achieve their energy goals. For more information, please visit www.recsolar.com
