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sPower signs a deal with PG&E for three 20 MW solar projects

sPower has signed a 20 years power purchase agreements (PPAs) with PG&E for its forthcoming Californian solar projects

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Saur News Bureau
sPower Financing Solar

sPower signs a deal

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sPower has signed a power purchase agreements (PPAs) with Pacific Gas and Electric (PG&E) for its forthcoming Californian solar projects.

The independent power producer, sPower will construct and commission three PV facilities (20 MW each) dubbed Bayshore A, B, and C over the course of 2017 in Lancaster, California.

These three solar power plants will generate enough solar energy to meet the power needs of 11,000 local households.

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sPower CEO Ryan Creamer in a statement said "we admire PG&E’s leadership in clean power transformation efforts, and are pleased to be able to be a part of the process."

As per California renewable portfolio standard policy, utilities operating in the state must source one-third of their electricity from renewable sources by 2020.

PG&E has already reached around 30% renewable capacity, and have storage contracts worth 75 MW on the table.

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Last year PG&E launched its SolarCARE program to encourage communities to adopt solar power wherever possible.

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