Location: Kern County, California
Status: Under Construction
Duration: 25 Years
The Kern High School District expects to save US$80 million in electricty savings costs with these new PV systems. Image: SunPower
Wells Fargo and 8point3 Energy Partners announced that a joint venture between the two companies has acquired 22MW worth of SunPower PV systems currently under construction at 27 Kern High School District (KHSD) locations in Kern County, California.
Wells Fargo and 8point3 Energy Partners are expected to sell off electricity to the district as part of a power purchase agreement. Once the PV systems commence operations in late 2016, the KHSD expects to net US$80 million in electricity savings over 25 years.