September 18 (Renewables Now) - Solar Frontier Americas (SFA) has acquired a 50.5-MW DC solar project in California from a joint venture of Samsung Solar Energy.
SFA, which is the US-based renewable energy business of Japanese petroleum company Idemitsu Kosan Co Ltd (TYO:5019), has bought the project, known as Central 40, from CS Solar for an undisclosed sum.
The project will be realised in Stanislaus County, a few hours southeast of San Jose, with construction work expected to start next year. The solar park is seen to become operational later in 2020 and Santa Clara’s not-for-profit municipal utility Silicon Valley Power will then buy the output of the plant under a power purchase agreement (PPA).
Samsung Solar Energy developed the project in cooperation with Coldwell Solar, according to the announcement.