Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTNovember 13 (Renewables Now) - Idemitsu Renewables, formerly Solar Frontier Americas, has put on stream a 100-MW solar park in California’s Kings County.
The commissioning was announced on Thursday by Peninsula Clean Energy, a community choice aggregator and electricity provider for California’s San Mateo County. The company said the power plant will "exclusively" generate electricity to supply its customers.
Located in Leemore, the Mustang Two Whirlaway photovoltaic (PV) park is expected to have an output that will be enough to cover the electricity consumption of almost 58,000 homes per year.
Peninsula Clean Energy noted it has so far signed power purchase agreements (PPAs) for the output of 500 MW of renewable energy facilities. Among those is the 200-MW Wright solar farm that was brought online in San Mateo County in January. The company has set a goal of delivering 100% carbon-free electricity by 2021 and achieve 100% renewable power supplies by 2025.
Idemitsu Renewables is the renewable energy business of Japan’s Idemitsu Kosan Co Ltd (TYO:5019).
Weekly renewables M&A round-up (Jun 27-Jul 1)
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