The power purchase agreement is expected to save the school district more than $3 million over 20 years.
The French energy giant acquired a development pipeline of 2.2 GW of solar and 600 MW of co-located storage assets.
Tax equity financing for the 24.6 MW of capacity was secured in a partnership with Crestmark, a division of MetaBank N.A.
The utility company plans to retire the last of its coal-fired facilities in the state by the end of 2024.
The bill’s sponsors say that Delaware is on track to meet its existing RPS goal of 25% renewable energy by 2025. Environmental advocates are pressing for more.
After the governor “reluctantly” vetoed the bill, lawmakers vowed to immediately refile and again pass the sweeping legislation.
The developer said this latest investment capitalizes on the accelerating growth in the commercial and industrial solar market.
The action calls on federal agencies to lead by example and solidify climate considerations as a critical part of U.S. foreign policy and national security.
NovaSource Power Services in 2020 took over the operations and maintenance businesses of SunPower and First Solar.
In addition to the 50 MW project, Dakota Power Partners has proposed developing at least five more utility-scale solar facilities across the Garden State.
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