Soitec Solar Development, a subsidiary of semiconductor manufacturer Soitec, has agreed a 150MW module deal with a North American PV energy provider. The customer has a power purchase agreement with San Diego Gas & Electric (SDG&E) for the solar project in California.
Construction of the facility will revolve around certain conditions related to the deal, but once operational, the project will be comprised of 83,400 CPV modules manufactured at Soitec’s San Diego factory.
André-Jacques Auberton-Hervé, chief executive officer of Soitec, said: “Entering into this sales agreement is a major step for Soitec. It demonstrates the interest generated by our CPV technology in the US market. This is also an important milestone in executing Soitec's strategic plan as this agreement will provide significant demand to our US solar manufacturing operation.”
The projects had previously been part of a group of five projects to be developed near Boulevard. One project was sold and the remainder will now be constructed in Imperial Valley instead.
This story has been amended to clarify the terms of the agreements between Soitec and SDG&E.