8minute Secures 15-Year PPA For Solar & Storage Project

8minute Solar Energy Secures Clean Power Alliance As Offtaker For 400 MW DC/540 MWh Energy Storage Project in California, ‘Largest’ Solar & Storage Project For Any CCA To Date
06:05 PM (Beijing Time) - 12. September 2020
8minute Secures 15-Year PPA For Solar & Storage Project

After entering its 1st PPA with community choice aggregators MBCP and SVCE in June 2020 for a 250 MW DC/150 MWh solar and storage project, 8minute Solar Energy has now secured Clean Power Alliance for its 2nd PPA with a CCA for Rexford 1 Solar & Storage Project. (Photo Credit: 8minute Solar Energy)

Key Takeaways

  • 8minute Solar Energy is building a new 400 MW DC solar project in California for which it has now secured Clean Power Alliance as offtaker for 15-year duration
  • To be located on a private farmland, the project touts 180MW/540 MWh of energy storage capacity
  • According to 8minute, the project is the largest solar and storage project for CPA and the largest for any CCA to date

Community choice aggregator (CCA) for clean energy supply, Clean Power Alliance (CPA) has signed up for a 15-year power purchase agreement (PPA) for a 400 MW DC/300 MW AC solar power project being developed by 8minute Solar Energy. The Rexwood 1 Solar and Storage Center in Tulare County, California is comprising 180 MW/540 MWh of energy storage.

The project is scheduled to come online in 2023 after construction begins in early 2022. It will be what 8minute calls the ‘largest’ solar-plus-storage project for CPA and the ‘largest’ for any CCA to date. Power generated will suffice electricity requirements for more than 370,000 Californians. It will be located on private farmland in Tulare County.

“The recent blackouts and continued wildfires in California offer sobering proof of the urgent need for more renewable and reliable energy generation that both fortifies our grid and fights climate change – and large-scale solar paired with energy storage is the most efficient, lowest-cost way to achieve just that,” said Founder and CEO of 8minute, Dr. Tom Buttgenbach.

With the Rexford 1 project, 8minute has now scored its 2nd project with a CCA – the previous one was with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE) in June 2020 for 250 MW DC/200 MW AC Aratina Solar Center having 150 MWh of energy storage.

 

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani