The Orange County Register – 9 Site Solar Deal to Create 290 Jobs

A solar project that will provide electricity to Orange County government facilities will create 290 local jobs this year, PsomasFMG announced this week.


Paul Mikos, executive vice president of the Santa Ana-based company, said the firm has already begun hiring some design, Engineering and administrative staff for the project.


He said the bulk of the 290 jobs will come late this summer when the company begins building the system. (PermaCity in Los Angeles will do the Orange County hiring for installation of the solar system. Keep an eye out here for news about when they will begin accepting applications.)


The 4 megawatt solar power system will be built on nine sites around the county as part of a $20 million power purchase agreement. Solar panels will be installed on carports at most of the sites.


James Campbell, the county’s manager of land development and renewable energy initiatives, said the project is part of an effort to reduce the county’s $17 million annual electric bill.


Under the agreement, the county will buy power for the next 20 years from the solar system being built by PsomasFMG.


“Instead of buying power from Edison, we’ll be buying power from Psomas at a rate that is below the historical norm for Edison increases,” Campbell said.


In addition to saving the county an estimated $5.3 million over the life of the contract, the county doesn’t have to spend any money up front to build the system. PsomasFMG will design, finance, construct and operate it.


PsomasFMG is a relative newcomer to the booming solar industry. It is a joint venture between Psomas Renewables LLC, a subsidiary of the Psomas engineering consulting firm in Los Angeles, and First Management Group LLC, a group of longtime executives skilled at public-private partnerships.


Mikos said the company is concentrating on building solar systems for school districts and municipal governments. Last year, the company developed, financed, constructed and began operating a $53 million, 9.6 megawatt system for the Antelope Valley Union High School District.




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