San Diego Gas & Electric (SDG&E) has signed two new 25-year power purchase agreements (PPAs) with Soitec Solar Development to buy a total of 125MW of solar power to be generated in the utility's service territory.
The PPAs require approval from the California Public Utilities Commission.
Soitec will develop the two new solar projects using its Concentrix concentrator photovoltaic (CPV) technology with solar modules to be manufactured in Soitec’s new factory to be built in San Diego, US.
Recently, the companies have signed three contracts for a total of 30MW of CPV-generated solar power.
Combined, the five agreements represent five separate projects, which will result in a combined generating capacity of 155 MW of clean, renewable solar power.
Soitec’s new solar module manufacturing facility is expected to have an annual production capacity of 200MW and will supply all of SDG&E’s projects with the Concentrix CPV technology.
Soitec Solar Development is a renewable energy company managed by Soitec (Euronext Paris).