Solar developer Recurrent Energy said it has signed power purchase agreements (PPA) with Southern California Edison (SCE) for 50 megawatts of new solar power plants.
Recurrent Energy will build and operate the solar power systems,
located in Kern County and San Bernardino County. The projects are
expected to be completed in early 2013.
Financial terms of the deal were not disclosed.
“These projects are a great example of the potential for distributed-scale solar to deliver significant quantities of power on relatively short timeframes,” said Arno Harris, CEO of Recurrent Energy. “Distributed-scale solar has an important role to play in helping to meet near-term renewable energy goals. This is a clear validation of our approach to developing and marketing solar power in California.”
The three solar photovoltaic ground-mounted power systems, two in Kern County (6 MWDC and 22 MWDC) and one in San Bernardino County (22 MWDC), are sited on private land leased by Recurrent Energy and construction is expected to begin in 2012.
Located in San Francisco, Recurrent Energy has a pipeline of over 1,000 MW of distributed-scale solar projects in development across North America and Europe. In March 2009, the company acquired the 350-MW project pipeline of UPC Solar.
Southern California Edison is a unit of Edison International (NYSE: IEX).
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