PV developers 8minutenergy Renewables and Gestamp Solar have signed a 25-year power purchase agreement (PPA) with the Imperial Irrigation District (IID) in California for the electricity generated from their planned 30MW Midway III solar farm in California.
Under the terms of the PPA, Midway III Solar Farm will serve Imperial County, powering over 10,000 households with the plant’s estimated annual production of 75 million kilowatt hours, according to 8minutenergy Renewables’ president, Tom Buttgenbach.
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The utility-scale solar generation facility is sited on 221 acres of low-productivity farmland and will include advanced solar photovoltaic modules with a tracking system that follows the sun to maximize energy production. Construction should run from late 2015 to late 2016 when it is expected to be connected to the grid.
“This PPA underscores 8minutenergy's commitment to the people of the Imperial Valley,” said Martin Hermann, chief executive officer of 8minutenergy Renewables. “We are proud that through working closely with the IID and Gestamp Solar, this solar project will create approximately 240 direct and 180 indirect jobs during construction in Imperial County, and make other contributions to the local economy.”
“Gestamp Solar is pleased that its investment in these projects, and its hard work and close collaboration with 8minutenergy's development team and the IID team, has led to the achievement of this PPA,” said Jorge Barredo, CEO of Gestamp Solar. “We look forward to leading the next stage in this solar project's development and constructing the site.”
This is 8minutenergy Renewable’s fourth PPA in the last three months and increases its total megawatts under contract to 1,100.