North American Development Bank invests in 20MW solar plant in California

  • T Solar Arnedo
    Project developer T Solar has signed a loan agreement for a 20MW solar plant as part of US$311 million loans to solar projects across the US by NADB. Picture: T Solar
  • IID land
    The project will be constructed on 53 hectares of IID land. Picture: North American Development Bank

The North American Development bank has loaned T Solar US$67.7 million, through land developers Sol Orchard for a 20MW solar plant.

The plant was certified 8 April 2013 by the Border Environment Cooperation Commission (BECC) and will be developed on 53 hectares of Imperial Irrigation District (IID) land in El Centro, Imperial County, California.

Spanish firm T Solar is a subsidiary of Isolux Infrastructure.

Solar panels will be supplied by Yingli, trackers by STi Norland and inverters from GPTech. Engineering, procurement, and contracting services (EPC) will be carried out by Isolux USA.

IID plans to purchase power generated to provide energy to 14,000 households in Imperial County, San Diego and Riverside.

The power purchased will help IID to meet its renewable energy purchasing target of 20% renewable energy by 2013 (25% by 2016 and 33% by 2020) as part of California’s Renewable Portfolio Standard (RPS).

US$311 million is being loaned in total to eight utility-scale solar projects in California, Arizona and Texas by the North American Developmental Bank. When completed, these projects will have an installed generation capacity of 96MW.

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 23rd Edition

    This issue of Photovoltaics International, our 23rd, offers key insights into some of the technologies that are ready to move from lab to fab in support of these goals. ISC Konstanz offer a glimpse of what the low-cost, high-efficiency solar cells of the future might look like. On page 35 the institute’s authors give an overview of what they call Konstanz’ “technology zoo”, encompassing their so-called BiSoN, PELICAN and ZEBRA cell concepts, all of which are aimed at increasing energy yield at the lowest possible cost.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media