8minute to build massive solar-plus-storage plant to serve LA utility

Solar modules. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.

November 7 (Renewables Now) - 8minute Solar Energy LLC has partnered with the Los Angeles Department of Water and Power (LADWP) to build an up-to-400-MW solar park hooked to a battery system capable of storing up to 300 MW/1,200 MWh.

The project was cleared by the LA City Council on Wednesday. As part of the newly established partnership, 8minute will sell power to the municipal utility at what it says is the lowest solar energy price on record in the US -- less than USD 0.02 (EUR 0.018) per kWh.

The solar developer will construct the so-called Eland Solar & Storage Center on more than 2,000 acres of barren, desert land, located about 70 miles north of Los Angeles close to California City. The project will be developed in two phases and is expected to begin power generation in 2022. Full completion is planned for 2023.

The Eland Solar & Storage Center will be able to generate over 1.7 billion kWh of electricity per year and will make 8minute the largest provider of clean energy to Los Angeles, according to the developer.

(USD 1.0 = EUR 0.904)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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