PG&E signs second solar power agreement with NextLight Renewable Power

26 October 2009

NextLight Renewable Power subsidiary Agua Caliente Solar has agreed to supply Pacific Gas and Electric Company (PG&E) with 290MW of solar power to serve its customers in Northern and Central California.

The agreement is one of several recently signed by the utility with independent solar developers for a total of 830MW.

The Agua Caliente project, to be located in Yuma County Arizona, is PG&E’s second major contract with a subsidiary of NextLight. Initial deliveries are expected to begin in mid-2012, with the project becoming fully operational by late 2014.

In June, the companies announced an agreement for 230MW of solar power from a project in Antelope Valley California. Both projects are subject to approval by the California Public Utilities Commission.

The Agua Caliente project will deliver approsimately 700GWh of energy per year, enough to supply 100,000 average homes.

Fong Wan, senior vice president of energy procurement at PG&E, said, ‘In keeping with state policy and our own commitment to a cleaner energy future, we continue aggressively to pursue additional sources of renewable power.

‘Our agreements with NextLight will help PG&E, and the state of California, show continued leadership in the development of solar power.’

Pacific Gas and Electric Company is based in San Francisco, with 20,000 employees and 15 million customers in Northern and Central California.

Copyright © 2009 NewNet

Tags: solar

This story was published on Monday, October 26th, 2009 at 7:11 pm and is filed under North America, deals, solar. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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