Southern Company subsidiary Southern Power and SunPower Corp. on July 6th,
2016 announced that Southern Power has acquired a controlling interest
in the 102 megawatt (MW) Henrietta solar photovoltaic (PV) project in
Kings County, California, from SunPower, which will own the remaining
interest in the project.
“The acquisition of the Henrietta Solar Project
underscores Southern Power's leadership in developing renewable energy,”
said Southern Power President and CEO Buzz Miller.
“Through strategic partnerships, including with SunPower, we continue to accelerate our solar generation growth in California.”
Henrietta Solar PV expected to be fully operational in Q3, 2016
The Henrietta Solar PV project represents Southern
Power's first joint venture with SunPower, which developed, designed and
is constructing the facility and will operate and maintain it upon
completion. Construction began in May 2015, and the project is expected
to be fully operational in the third quarter of this year.
“With over 30 years' experience and more than
2.5 gigawatts of innovative solar power plants operating around the
world, SunPower is a global leader driving the adoption of reliable,
cost-effective solar power at utility scale,” said SunPower CEO Tom
Werner.
“We are proud to partner with Southern Power to
deliver long-term value for the utility, its customer, and the
California homes and businesses that will benefit from the emission-free
power generated by the Henrietta Solar Project.”
20-year PPA with Pacific Gas and Electric
Existing Southern Power customer Pacific Gas and
Electric Company will purchase the solar power and associated renewable
energy credits (RECs) generated by the facility under a 20-year power
purchase agreement.
Once operational, the PV facility is expected to be
capable of generating enough electricity to help meet the energy needs
of approximately 24,000 average U.S. homes.
The Henrietta Solar project marks Southern Power's 11th solar project in California and is the company's first acquisition in Kings County.
source: http://www.solarserver.com
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