Located in California’s San Joaquin Valley, the Aquamarine project is part of one of the largest permitted solar parks in the U.S., encompassing more than 20,000 acres. With the capacity to grow to more than 2,700 megawatts of renewable energy at full buildout, this solar park could supply energy for more than 675,000 homes once completed.
CIM acquired the property in 2014 with a goal to repurpose the salt-contaminated and drainage-impaired farmland for the development of clean energy. Our in-house team created a development plan to open the solar park in stages to meet the needs of public and private utilities and other energy consumers.
The 250 megawatt Aquamarine project reached mechanical completion on the first phase of the project in September 2021. The remaining 125 megawatts are expected to be complete and operational by the end of 2021. Several environmental groups have extended their support for the solar park, including Sierra Club, Defenders of Wildlife, National Resources Defense Council, and the Center for Biological Diversity.
Our renewable energy projects support the growth of communities through sustainable and environmentally responsible means. As one such project, Aquamarine is contributing to the economic development of the communities in the Central Valley of California by seeking to reduce greenhouse gases, increase carbon-free energy and bring new jobs to the area.
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