Recurrent Energy inks PPAs for 150-MW solar-plus-storage plant
Image by Recurrent Energy (recurrentenergy.com)
Recurrent Energy, a wholly-owned unit of Canadian Solar Inc (NASDAQ:CSIQ), on Tuesday unveiled two deals to supply power from its 150-MW Slate solar park in California.
The photovoltaic (PV) complex, located in Kings County, is equipped with a 45-MW/180-MWh energy storage facility using lithium-ion batteries. Under two separate 15-year power purchase agreements (PPAs) it will supply electricity to local community-owned electricity agencies Silicon Valley Clean Energy and Monterey Bay Community Power.
The solar farm is scheduled for commissioning in 2021, delivering 55% of its output to Silicon Valley Clean Energy and 45% to Monterey Bay. Overall, the contracted capacity will be enough to meet the demand of 37,500 households, Recurrent Energy estimates. The latter secured the PPAs under a joint procurement process for renewables capacity in California held by Silicon Valley Clean Energy and Monterey Bay Community Power in September last year.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.