sPower secures 100 MW solar power PPA with California aggregator
CleanPowerSF, Community Choice Aggregator, Finance, Markets, Policy, power purchase agreement, Solar Power, sPower, Utility-scale PV , , , , , , , ,

sPower secures 100 MW solar power PPA with California aggregator

Community choice aggregator CleanPowerSF has signed a 22-year PPA with sPower for a 100 MW project in Lancaster, California. The project is expected to be online in 2019. June 11, 2018John Weaver Expressway Solar, an sPower projectsPower has been making headlines for all the right reasons: $421 million raised off of a solar portfolio, and gigawatt-plus equipment deals with single axis tracking and solar module manufacturers.And the company, which claims the mantle of the largest private owner of operating solar assets in the United States, just got another 100 MW, 22-year PPA too sell more electricity from solar.sPower is building the…
Read More
Lowest public solar power contract in the United States: 2.49¢/kWh
Central Arizona Project, Consumer Protection, Markets, Navajo Generating Station, Solar for Coal, Solar Power, Utility-scale PV , , , , , ,

Lowest public solar power contract in the United States: 2.49¢/kWh

Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at 2.49¢/kWh, the lowest confirmed price for a public solar power contract to date. The deal also involves shutting down a coal plant. June 11, 2018John WeaverArizona is hot for the sun – this is without any doubts. They’ve built beauty in the desert, residential customers are powering up, the solar advocates are taking the seats of power, regulators are fighting back and the grid is evolving – even while the governor fights the inevitable, utilities settle Supreme Court bound lawsuits, the politicians quibble…
Read More
World’s largest li-ion battery and 707 MW of solar power in Colorado proposal
Energy Storage, Markets, NextEra Energy, Solar Power, Utility-scale PV, Xcel Energy , , , , ,

World’s largest li-ion battery and 707 MW of solar power in Colorado proposal

Xcel Energy’s 120-day report to Colorado regulators includes an additional 1.1 GW of wind at 1.1-1.8¢/kWh. Solar power bids have come in at 2.2-2.7¢/kWh, and solar+storage at 3.0-3.2¢/kWh. June 7, 2018John WeaverBack in the quaint days of late 2017, the world was awoke by a batch of bids of momentous size – and shockingly low pricing – in a solicitation by Xcel Energy. In fact, the median bid on 16 GW of solar+storage came in at only 3.6¢ per kilowatt-hour (kWh). This price was only 0.65¢/kWh more than the 30 GW of solar-only bids. For perspective’s purpose – according to…
Read More