During the construction phase, the project is expected to create 800 jobs in Texas.
The proposed solar plants will be interconnected in 2016 and will generate clean energy that will be enough to power over 24,000 homes annually for 25 years.
Over 9,500GWh of clean energy generated at the plants will be supplied to Georgetown through 2041, under a 25-year power purchase agreement (PPA) with Georgetown Utility Systems.
The PPA is said to be one of the largest solar agreements in the Electric Reliability Council of Texas jurisdiction, and represents the largest utility scale solar agreement that SunEdison has signed in Texas to date.
SunEdison North America Utility and Global Wind executive vice president Paul Gaynor said: "Georgetown is an exceptional city, and by going 100% renewable they will cut down on pollution, save water, and enjoy stable energy prices. They’re able to accomplish all of this without spending a penny up front with SunEdison’s power purchase agreement. Georgetown is a model for other cities that hope to become powered by clean renewable energy."
Upon completion, SunEdison expects to offer this project for investment to TerraForm Power, which owns and operates SunEdison’s clean energy plants.
SunEdison Services will be responsible for the operation and maintenance of the solar power plants.
