The solar power facility signed a 25-year fixed price agreement to sell its electricity at roughly 8.9¢/kWh.
The projects are expected to reduce the city’s fossil fuel use for electricity by more than 80% by 2030.
Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
DEPCOM Power builds utility-scale solar power plants and manages ongoing operations, maintenance, and refurbishment services.
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
The deal includes long-term O&M agreements for the solar, storage, and wind assets.
FTC Solar’s Chief Technology Officer outlines how large-format, high-wattage modules and autonomous systems can drive down the levelized cost of energy of utility-scale solar power.
The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
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