A California city goes solar — with Chevron's help
The city of Gonzales, in Monterey County, is building two solar power installations to generate 462 kilowatts of power with the help of Chevron Energy Solutions.
Over the lifetime of these projects, part of the city’s “Gonzales Grows Green” initiative, the town of 8,500 hopes to save $4.7 million.
By 2035, Gonzales thinks it might have as many as 24,000 residents. More than 40 percent of its people today are 18 years old or under.
Gonzales, the “Wine Capital of Monterey County,” worked with Constellation Brands (NYSE: STZ), which has a major winery there, on the solar installations, one of which will be at the Constellation site.
The Constellation site is next to the Gonzales water pumping station, and the city hopes to save money by upgrading that facility and pumping water at times when energy costs are lowest.
The second solar setup will be on the city’s wastewater treatment plant.
Rabobank N.A. financed the solar projects through a municipal lease with help from affiliate De Lage Landen Financial Services. Rabobank is the only bank located in Gonzales.
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