SEPTA seals 20-year solar PPA in Pennsylvania

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

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)

More stories to explore
Share this story
About the author

Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription