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First Solar signs 500MW in PPAs covering four PV projects

First Solar has signed agreements with electric utility Southern California Edison to deliver 500MW (ac) of power from four PV projects under development in Arizona, California and Nevada.

The deals establish SoCal Edison as the largest single off-taker of energy from First Solar PV projects in the world.

The two sides did not release financial terms of the transactions.

First Solar anticipates it will commission all four projects located on private land by the end of 2019, enabling them to qualify for the 30% federal investment tax credit before it steps-down to 26% in 2020.

The projects are:

  • The 150MW North Rosamond Solar Project, located in Rosamond, California. It will produce approximately 488,000 MWh/year of power.
  • 100MW from the Willow Springs Solar Project, located near the North Rosamond facility. It will generate 330,000 MHh/year of power.
  • The 100MW Sunshine Valley Solar Project located in Amargosa, Nevada. less than four miles from the California border, on privately owned land. It will produce approximately 302,000 MWh/year of power.
  • The 150MW Sun Streams Solar Project located in Tonopah, Arizona. It will generate 464,000 MWh/year of power.

With these agreements, SoCal Edison has 2.2GW of solar capacity under contract from projects developed and/or built by First Solar.

The utility’s first PPA with a project developed by First Solar was for the 21 MW(ac) Blythe Solar Project in 2009. The utility also has a long-term agreement for 250MW (ac) capacity of the 550MW (ac) Desert Sunlight Solar Project in Desert Center, Calif., which was commissioned in 2014.

SCE has additional contracts in place for other projects currently in construction, including the Desert Stateline project in California and the Silver State South project in Nevada.

“This is an exciting milestone to reach in a valued long-term relationship,” said Brian Kunz, First Solar’s vice president of project development – US West.  

 

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