PUC Okays 125-MW Solar PPA for Southern California Edison

Public utility Southern California Edison Company (NYSEMKT:SCE-E) has received the California Public Utilities Commission (PUC)’s approval for a 125-MW solar power purchase agreement (PPA).

The watchdog says it is giving the green light to the contract without modification, noting that it is in line with the Renewables Portfolio Standard (RPS) procurement guidelines.

The PPA has been struck with Maverick Solar LLC for a term of 15 years. The solar power plant in Riverside County is expected to start commercial operation on December 1, 2020. Its annual output is estimated at some 406 GWh per year.

The power contract has been struck following SCE’s 2015 RPS solicitation.

The US had 26.4 GW of large-scale solar power capacity at the end of April, according to the Federal Energy Regulatory Commission (FERC). California remains the top state by installed photovoltaic (PV) power capacity.

PUC Okays 125-MW Solar PPA for Southern California EdisonRenewables Now, June 14, 2017.


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