PG&E Signs 800 MW in Solar PV Deals with OptiSolar & SunPower
August 15, 2008
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San Francisco, United States [RenewableEnergyWorld.com] Pacific Gas and Electric Company announced that it has entered into two utility-scale, solar photovoltaic (PV) power contracts with a total capacity of 800 megawatts (MW). The deals could deliver cumulatively 1.65 billion kilowatt-hours of renewable energy annually.
These landmark agreements signal the arrival of utility-scale PV solar power that may be cost-competitive with solar thermal and wind energy.
-- Jack Keenan, COO and Senior VP, PG&E
PG&E entered into an agreement with Topaz Solar Farms LLC, a subsidiary of OptiSolar Inc., for 550 MW of thin-film solar PV solar power. The utility also signed a contract with High Plains Ranch II, LLC, a subsidiary of SunPower Corporation, for 250 MW of solar PV power.
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Crystalline silicon PV has been around long enough to have a proven track record, but there's still the question of the appropriateness of using PV for an 800 MW system instead of solar thermal electric.
Hopefully this project will go well for all involved and the rest of us will still get to see the price of modules come down as expected over the next few years.