Shell Energy North America has agreed to buy solar power generated from 100 MW of EDF Renewables' 500 MW plant for a period of 15 years.
- EDF Renewables North America has signed a PPA with Shell Energy North America for its 500 MW Palen Solar project
- Shell Energy will purchase power from 100 MW capacity out of the 500 MW Palen Solar project that’s scheduled to come online by the end of 2020
- The Bureau of Land Management approved the 500 MW project in Riverside County of California, a few days back
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Even before construction can begin on the 500 MW Palen Solar Power Project for which EDF Renewables North America got approval from the US Bureau of Land Management a few days back, the company has secured a power purchase agreement (PPA) for a 100 MW part (see 500 MW PV Project Plan For California Approved).
Shell Energy North America (US), L.P. (SENA) has agreed to buy solar power generated from 100 MW of the 500 MW plant for a period of 15 years. The project is scheduled to start generating power by the end of 2020.
“This 500 MW project uniquely positions EDF Renewables to help load-serving entities like Shell meet their long-term obligations under California’s Renewable Portfolio Standard (RPS) by offering smaller tranches at industry-leading prices,” said Ian Black, senior director, development for EDF Renewables.
This PPA arrangement follows another 20-year PPA EDF Renewables North America signed with Silicon Valley Clean Energy and Monterey Bay Community Power for its 128 MW Big Beau PV project, also in California (see EDF Renewables Signs PPA For 128 MW PV Project).