Sharp inks thin-film modules supply deal for 58 MW solar plant
(ADPnews) - Sep 30, 2010 - Sharp Electronics Corp, the US unit of Japanese electronics major Sharp Corp (TYO:6753) said on Monday it signed a contract to supply thin-film PV modules for a 58 MW solar plant in California.
The solar power plant, dubbed Avenal, is jointly-owned by renewable energy facilities developer Eurus Energy and NRG Solar, a subsidiary of US utility NRG Energy (NYSE:NRG). It consists of three solar park projects, located in Avenal, central California, which are expected to be completed in mid-2011. The project will be built by Ryan Co Inc, unit of US infrastructure firm Quanta Services Inc (NYSE:PWR).
Sharp will supply thin-film solar panels with a tandem-junction structure. The panels will be manufactured in Sharp's plant in Japan's Osaka prefecture.
According to Sharp, Avenal will become one of the largest solar power plants worldwide, generating electricity enough to meet the needs of 36,000 households. The power it will produce will be purchased by utility PG&E Corp (NYSE:PCG) under 20-year electricity purchase agreements.