- Press Releases
March 12 (Renewables Now) - US utility Consumers Energy, the principal subsidiary of CMS Energy (NYSE:CMS), has struck a deal to off-take power from a 200-MW solar farm that Invenergy LLC will build in Michigan.
Under a 25-year power purchase agreement (PPPA), Consumers Energy will get the output of a 140-MW portion of the complex, it said on Thursday without providing the terms of the deal. The contract will need to be cleared by the Michigan Public Service Commission.
Chicago-based Invenergy will cover its commitment under the deal through power from its Calhoun Solar Centre. The power plant is scheduled to go online in 2022.
The contracted volume by Consumers Energy is enough to meet the power consumption of around 70,000 residential customers, it estimates. The utility has pledged to add around 1,100 MW of solar photovoltaic (PV) capacity through 2024 as part of its Clean Energy Plan that envisages dropping coal from the company’s energy mix and achieving net-zero carbon emissions by 2024.