Solar

PG&E Signs 290-MW Solar Deal With NextLight

Pacific Gas and Electric Company (PG&E) has reached a deal with Agua Caliente Solar LLC, a subsidiary of NextLight Renewable Power LLC, for 290 megawatts (MW) of solar power to serve PG&E’s customers in Northern and Central California. The agreement is one of several recently signed by the utility with independent developers for a total of 830 MW of solar power.

The Agua Caliente project, to be located in Yuma County, Arizona, is PG&E’s second major contract with a subsidiary of NextLight. In June, the companies announced an agreement for 230 MW of solar power from a project in Antelope Valley, California. Both projects, which are subject to approval by the California Public Utilities Commission, will use photovoltaic panels to generate electricity.

The Agua Caliente project could deliver about 700 gigawatt-hours of energy per year. Initial deliveries are expected to begin in mid-2012, with the project becoming fully operational by late 2014.

“In keeping with state policy and our own commitment to a cleaner energy future, we continue aggressively to pursue additional sources of renewable power,” said Fong Wan, senior vice president of energy procurement at PG&E. “Our agreements with NextLight will help PG&E, and the state of California, show continued leadership in the development of solar power.”