D.E. Shaw brings online 100MW California PV plant for SMUD

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A power purchase agreement was secured for the 100MWDE Drew Solar project with the Sacramento Municipal Utility District. Image: DESRI

Independent power producer D.E. Shaw Renewable Investments (DESRI) has reached commercial operation of a 100MW solar PV plant in California, US.

The Drew Solar plant, located in the south of California in Imperial County, secured a power purchase agreement with the Sacramento Municipal Utility District (SMUD).

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Hy Martin, Chief Development Officer of DESRI: “This solar project grows our longstanding relationship with SMUD to deliver renewable energy to its customers and support their Zero Carbon Plan. Our team is also proud to support the local community in Imperial County through community benefit and public benefit programs that serve to fund scholarships for students in need, bolster local businesses, and support economic development in the Imperial Valley.”

DESRI’s portfolio of solar and wind projects in the US sits at more than 8GW of cumulative capacity in operation or in different stages of development.

US engineering, procurement, and construction (EPC) contractor SOLV Energy served as the EPC contractor for the project and will provide ongoing operations and maintenance services to the facility. The Navajo Tribal Utility Authority and Bona Terra Energy were involved in the co-development of the Drew Solar project.

23 April 2025
Dallas, Texas USA
To bring buyers and sellers of power together, the Renewable Energy Revenues Summit USA will cover strategies to optimize renewable energy trading, procurement, and offtake structures across U.S. markets.

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