Tessera Solar North America Signs 27-MW PPA

Tessera Solar North America announced the signing of a 20-year Power Purchase Agreement (PPA) with CPS Energy to develop a 27-megawatt (MW) solar project in West Texas, using the SunCatcher power system manufactured by Tessera Solar’s sister company, Stirling Energy Systems (SES). This is the first PPA to be signed by the company since NTR’s investment of US $100 million in Tessera Solar and SES in March 2008.

The PPA with San Antonio’s CPS Energy is the first Texas project for Tessera Solar and will complement Tessera Solar’s 1,500 MW of California projects in Imperial Valley and the Mojave Desert.

“This marks our first purchase of solar-generated energy, and we look for it to be the start of a successful solar program for many years to come,” said Milton Lee, CPS Energy’s CEO. “Solar will complement our diversified approach to producing electricity. We look forward to working with Tessera to help satisfy our customers’ electric needs in Greater San Antonio.”

The Western Ranch Solar project is expected to break ground in Summer 2010, assuming timely completion of regulatory approvals, with the first units expected to come online by the end of 2010. The 27 MW solar project, comprised of 1,080 SunCatcher dishes, will create 100 construction jobs and up to 20 permanent jobs.

To read more about Tessera and Stirling’s development pipeline, read Graham Jesmer’s blog post Stirling Solar Technology Lives.

Previous articleWhy the “Smart Grid” may be a pipe-dream
Next articlePromise of New Renewable Energy Agency in Peril? By Lily Riahi and Lisa Desai

No posts to display