Korsail is leasing land and building renewable energy projects across Wisconsin due to the variety of attractive programs allowing us to sell low-cost renewable energy to local communities and utilities. A few are highlighted below.
Community Solar Opportunities
Wisconsin is moving forward as one of the nation’s next community solar states through the introduction of House Bill 258 and Senate Bill 226 which allow for the establishment of community solar programs across the state. Community Solar projects do not require large tracts of land, particularly in Wisconsin, with a typical project being 20-40 acres.
Utility Power Purchase Agreements
Wisconsin utility providers like Xcel Energy have been proactively planning for the transition to green energy. In their 2020-2034 Integrated Resource Plan, Xcel Energy outlines the plan to eliminate coal generation facilities by 2030 and the acquisition of a minimum of 3,000 megawatts of solar energy within their northern service territory, including Wisconsin.
Public Utility Regulatory Policies Act
Renewable energy projects in Wisconsin can be brought online quickly, with energy rates predetermined and the process for selling the power already in place though Public Utility Regulatory Policies Act (“PURPA”). PURPA laws give us the ability to connect and sell power to utilities at the same cost they currently pay to generate it. PURPA rates are strong in Wisconsin and can support solar projects as small as 30 acres or as large as 500 acres.
Types of Projects We Develop
Korsail develops a wide range of projects uniquely suited to each utility and piece of land. A few examples are below.
Korsail brings reliable, low-cost solar energy to rural communities across Wisconsin. Solar is a continuously developing, but commercially tested technology that can help reduce the utility’s monopoly on power generation and their reliance on Brown Fuel generators such as coal.
Korsail develops large-scale battery storge projects that enable us to offer readily available, consistent energy to when and where it is most needed. As power demands and generation fluctuate throughout the day in Wisconsin, storage projects can fill the gaps in generation and keep the lights on. Korsail is at the forefront of the country’s transition to large-scale battery storage.
Korsail also develops Hybrid Solar + Storage projects. We always focus on developing projects which best serve our customers and the local community. Hybrid projects allow for more consistent delivery of energy and are better for the health and stability of the local grid.