Another Solar company is taking up roots in Antelope Valley. Tuusso Energy headquartered in Seattle Washington with a medium size project, which can power up to 15 thousand homes and connects directly to existing transmission lines. The proposed location is on LA County land and it is a rectangle shaped area at 100th Street West running north to south from Ave H to approximately Ave I-8. This area is just south of the community of Antelope Acres, and it is just north of Edison power lines that cris-cross the western valley. Their technology uses photovoltaic panels which look very similar to rooftop panels. The benefits with photovoltaic’s are that they use a limited amount of water and they are low profile as they stand just a few feet above the ground.
Tuusso’s project proposal has been underway for a year and they are currently conducting environmental studies with Los Angeles County and local government agencies. As part of the environmental impact, they have targeted dormant agricultural land away from any current major development. It is not known if this land has been previously disturbed land, or simply vacant agricultural land. The environmental impact may be the biggest hurdle to overcome as the State and local governments are favorable to renewable energy projects, but environmentalists prefer limited change. The production is expected to begin later this year and run through early 2011. Lancaster Ca. has proposed a number of zoning changes within the city limits to entice alternative energy projects within its boundaries, so many more projects are sure to arise.
This is the fourth and separately planned renewable energy project on LA County land in the Antelope Valley. It is sure to change the landscape dramatically, but change for the valley will be good for the economy and community. The agricultural land targeted is a big bonanza for the long-term land banker. This area was vacant land for decades caught between power lines, and a pocket of custom homes. It further highlights that agricultural zoned pre-developed land provides a great investment opportunity. These Solar Companies are capturing lower real estate prices during this downturn, and it is a good time for new investors to take advantage of this land banking opportunity also.