SunPower building 35MW project to supply Chevron's Lost Hills Oil Field
29 October: US PV manufacturer and developer SunPower has started construction of a 35MW system that will power a Chevron oil operation in California.
Once complete in early 2020, the solar project is expected to provide power to the Lost Hill Oil Fields' production and processing facilities and offices. It will meet approximately 80% of the oil operation's energy need through a 20-year power purchase agreement (PPA), according to SunPower Corporation.
Goldman Sachs Renewable Power (GSRP) will own the system, and the oil company will receive environmental credits under the state of California's Low Carbon Fuel Standard (LCFS) program.
The oil field was first discovered in 1910 and has produced more than 460 million barrels of oil equivalent over the past 40 years.
The system will feature SunPower’s Performance Series commercial solar panels assembled in Hillsboro, Oregon.
Allen Satterwhite, president, Chevron Pipeline & Power, commented: "As global demand for energy continues to grow, we are committed to supporting affordable, reliable, ever-cleaner energy and to exploring increased use of renewables in support of our business. Advancing economically viable renewable energy projects which scale is part of the equation and this project represents a meaningful step in our energy journey."
Nam Nguyen, SunPower executive vice president for commercial solar said: ""Companies across industries are looking for solutions to a low carbon footprint, and the Chevron project is one more example of how organizations and influencers across industries and geographies are moving the world toward a new energy future."
Assam tenders for 25MW solar project
23 October: Assam Power Generation Corporation Limited (APGCL) has invited bids for a 25MW solar plant at Namrup thermal power station in the Eastern state of Assam.
The scope of the work includes design, procurement and supply, construction, testing, commissioning, associated transmission system and O&M services for five years.
Constant Energy partners Sodexo Thailand
28 October: Sodexo Thailand, a local unit of the France-based provider of integrated facilities management services has signed a Memorandum of Understanding with Constant Energy.
Constant is a developer of solar and storage projects particularly in the commercial and industrial (C&I) space. Sodexo wants to introduce solar electricity solutions to its clients in Thailand under a corporate Power Purchase Agreement (PPA) business model. Constant Energy will develop, finance, construct and operate rooftop-based solar power plants, and Sodexo will operate and maintain the power plants.
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2020 for its 7th edition!