SunEdison signs 85 MW of PPAs

California’s Renewable Portfolio Standards continue to deliver opportunites for the developers of utility scale photovoltaic power plants in the state. More examples of this were announced today, with SunEdison announcing PPAs for five projects.

In the release announcing the 85 MW of PPAs, SunEdison highlighted the 20 MW PPA signed with municipal utility Riverside. It is for the North Lake I Solar project, in Riverside County. The location is on land owned by the Metropolitan Water District. The company claims that the location’s proximity to load centers will reduce grid costs.

Construction of the plant is scheduled to begin in 2014, to be operational in 2015.

"We are very excited to be working with the City of Riverside on this project and consider them a progressive leader among municipal utilities in the adoption of renewable energy," said Tim Derrick, General Manager of North America for SunEdison. "We are looking forward to a strong relationship with Riverside as we complete development and delivery of the North Lake solar project."