First Wind, the renewable energy company, has secured approval from the Idaho Public Utilities Commission to sell power generated from its five proposed solar projects to the Idaho Power Company.

solar power

Located across southern Idaho, the US, the projects will provide energy to Ada, Elmore, Owyhee and Power counties.

First Wind CEO Paul Gaynor said: "These five projects will deliver clean, renewable solar energy to homes and businesses in Idaho at a cost-competitive price.

"The new long-term contracts with Idaho Power Company will enable us to move forward quickly and create a source of major economic activity for Idaho through good construction jobs and significant local tax revenues."

Additionally, the projects will generate approximately 250,000MW hours annually, which is enough to power nearly 30,000 homes.

Each of the projects is scheduled to be completed by the end of 2016 and will jointly generate approximately $10m in direct property taxes over 20 years.

Currently, First Wind operates four solar projects in Massachusetts, and is also developing solar projects in Hawaii and Utah.

Recently, First Wind signed an agreement to be acquired by SunEdison and TerraForm Power.

The transaction is planned to be closed during the first quarter of 2015 and is subject to customary conditions and regulatory approvals.

First Wind is focused on the development, financing, construction, ownership and operation of utility-scale renewable energy projects in the US.

Image: First Wind currently operates four solar projects in Massachusetts, US. Photo: courtesy of franky242/