August 5 (Renewables Now) - The Southeastern Pennsylvania Transportation Authority (SEPTA) has signed a power purchase agreement (PPA) for the full output from two solar farms of 35 MW planned for construction in Franklin County, Pennsylvania.
The public transport company has signed the PPA at a fixed price of USD 28.65 (EUR 25.73) per MWh for a 20-year period. Lightsource BP, the BP Plc (LON:BP) backed solar power business, will finance, build, own and operate the two farms.
Once online in 2021, the solar parks will generate around 71,765 MWh per year, equivalent to 19% of SEPTA’s annual electricity demand.
The solar PPA is part of a trio ofsustainability initiatives announced in July by SEPTA. The other two measures include a solar-powered train signal system and an energy savings project at its Philadelphia headquarters.
(USD 1.0 = EUR 0.9)