The Stanford Solar Generating Station #2 is scheduled to enter operation in 2021. Image: Recurrent Energy
Recurrent Energy has signed off on a 25-year power purchase agreement (PPA) for the 63MWac / 88MWp Stanford Solar Generating Station #2.
Located on 161 hectares of land in Kings County, California, the Stanford Solar Generating Station #2 will power the equivalent of 15,750 homes with clean electricity.
Once completed, the project, together with Stanford University's existing 67MW solar PPA and its 5MW rooftop installation, will generate enough clean energy annually to equal the university's annual electricity consumption.
Shawn Qu, chairman and chief executive officer of Canadian Solar, parent company of Recurrent Energy,, said: "This power purchase agreement with Stanford University demonstrates Recurrent Energy's ability to work with a diversified customer base in California and across the U.S.
“We've long partnered with different types of load-serving entities, such as investor-owned and publicly-owned utilities, and we're a known leader for our partnerships with CCAs. Now, we are delighted to also demonstrate our ability to meet the needs of direct access customers.”
The Stanford Solar Generating Station #2 is scheduled to enter operation in 2021.
Solar Power International (SPI) is the largest solar event in North America. The event attracts over 19,000 attendees and 700 exhibitors. SPI is part of North America Smart Energy Week, which is the largest and most comprehensive energy event in North America. You can expect to see additional energy topics such as energy storage, electric vehicles, wind energy, microgrids, hydrogen + fuel cells, and more. SPI takes place September 23-26, 2019 in Salt Lake City, UT, USA. Learn more by visiting www.solarpowerinternational.com
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.