Lightsource BP has signed power purchase agreements (PPAs) with California's Sacramento Municipal Utility District (SMUD) and Continental Divide Electric Cooperative (CDEC) to supply 25MW of solar power to the utilities' customers over 20+ year terms.
Lightsource BP US chief commercial officer Katherine Ryzhaya said: “We’re excited to deliver affordable local solar to our utility partners and their customers. Our solar solutions will drive local economic development and job growth, increase utility customer satisfaction, and provide a cleaner, healthier environment for their communities.”
BP solar energy head David Windle said: “The United States is an important market for renewables and for Lightsource BP, and this announcement demonstrates the real momentum we are building across the country. These new collaborations build upon BP’s track record in operating wind farms across the US and is another example of how we are advancing the global energy transition.”
Wildflower Solar I, roughly 16MW, will be located within SMUD’s territory and will support SMUD’s popular community solar program, SolarShares. Additionally, SMUD and Lightsource BP are currently exploring the addition of energy storage to the PV system.
In New Mexico, Lightsource BP will develop and construct the project within CDEC’s territory. The co-op will serve this clean energy to its members through its own distribution system.
These projects, along with Lightsource BP’s Mid-Kansas Electric Company solar development, serve as models for public power and cooperative utilities to gain more control of their power resources and serve their members with local, affordable, and clean energy.
Source: Company Press Release