Solar accounts for 6.42% of Arizona's electricity and employs more than 7,500 people in the state. Source: Sunedison
Arizona’s largest electric utility is gearing up to tender 400MW of renewables before the summer is up.
Arizona Public Service Company (APS) announced Monday that it will tender 150MW of solar and 250MW of wind resources to commercial partners by 15 September.
The planned solar generation will be owned by APS and designed with the potential for future energy storage. It will be switched on by 2021, according to a company release.
This added capacity will support the regional utility's target of expanding its renewable energy portfolio to around 2,500MW by 2021 – or enough to power half a million homes.
Solar accounts for 6.42% of Arizona's electricity and employs more than 7,500 people in the state, according to the Solar Energies Industries Association.
An independent, third-party monitor will review the competitive procurement process. More specific information about the tender will be released in the coming weeks.
Now in its sixth successful year, Solar & Storage Finance USA is the only event which looks at raising capital for solar, storage and collocated solar and storage projects in the USA. The conference will help delegates understand how providers are evolving propositions for storage and how they can access capital for standalone solar or storage, and co-located projects. Meet debt providers, funders, utilities, corporate off takers and blue chip energy firms with capital to invest and developers with credible pipelines.