Standard Solar buys 7-MW portfolio of distributed PV in California

Thin film solar canopy. Author: Stephan Ridgway. Licence: Creative Commons, Attribution 2.0 Generic.

September 24 (Renewables Now) - Standard Solar Inc has acquired a 7-MW portfolio consisting of eight distributed generation (DG) solar projects it will operate on behalf of the Lake Elsinore Unified School District (LEUSD) in California’s Riverside County.

The largest of the projects is a 3-MW ground-mounted array planned for installation at a 75-acre (30.4 hectares) capped landfill. Standard Solar said this system will sell its electricity to power utility Southern California Edison. In return, schools and buildings in LEUSD will receive credits to their power bills.

The remaining 4 MW of projects are solar canopies to be installed at seven schools in the LEUSD.

Prior to their acquisition, the projects were developed by Riverside-based solar company Lamb Energy Inc, while Stronghold Engineering Inc, another local firm, will be in charge of their installation.

Standard Solar will finance, own and operate all schemes in the portfolio. Their commissioning is planned for 2020, the US solar company said.

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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.

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