CA UTILITY BUYS BIG PV SUN

Recurrent Energy Signs Agreement for 50 MW of Solar Projects with Southern California Edison; SCE agrees to buy power from three of Recurrent Energy’s projects
February 2, 2010 (Recurrent Energy)

"Recurrent Energy, an independent power producer and a leading developer of solar power projects…has signed agreements with Southern California Edison (SCE)…[to sell the] utility… 100 percent of the power from three of Recurrent Energy’s California solar projects.

"Recurrent Energy will build and operate the solar power systems, located in Kern County and San Bernardino County, which have a combined peak output of 50 megawatts of DC power (MWDC). The projects are expected to be completed in early 2013…"

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"The three solar photovoltaic ground-mounted power systems, two in Kern County (6 MWDC and 22 MWDC) and one in San Bernardino County (22 MWDC), are sited on private land leased by Recurrent Energy and construction is expected to begin in 2012."

[Arno Harris, CEO, Recurrent Energy:] “These projects are a great example of the potential for distributed-scale solar to deliver significant quantities of power on relatively short timeframes…Distributed-scale solar has an important role to play in helping to meet near-term renewable energy goals. This is a clear validation of our approach to developing and marketing solar power in California.”