EDF Renewables North America and Shell Energy North America (US), LP (SENA) announce the signing of a Power Purchase Agreement (PPA) for the energy related to a 132 MWp tranche (100 MWac*) known as Maverick 4 Solar project, of the Palen Solar project (500 MWac).
This large-scale solar project also brings the EDF Group one step closer to meeting its CAP 2030 goal of doubling its worldwide renewable energy capacity to more than 50 GW between 2015 and 2030.
The Palen Solar project is located in Riverside County, California, in the Mojave desert.
It occupies over 3,140 acres of federal lands within a Solar Energy Zone (SEZ) and Devel-opment Focus Area.
The planned 500 MWac facility was recently awarded the permit by the Federal Government (Bureau of Land Management) and expects to deliver electricity by the end of 2020
132 MWp of the electricity generated by the Maverick 4 Solar project will be purchased by Shell Energy North America under a 15 year-Power Purchase Agreement (PPA).
“SENA, as one of the largest energy suppliers in the West, is actively growing its renewable power business, building on our strengths and capabilities to bring more clean energy solu-tions to our customers,” said Glenn Wright, vice president, Shell Energy Americas. “Working closely with companies like EDF Renewables, and its proven track record as a successful developer of large scale renewables, allows us both to better meet the evolving power needs of our customers.”
“EDF Renewables is pleased to have completed the federal permitting process on Palen So-lar. This 500 MWac project uniquely positions EDF Renewables to help load-serving entities like Shell meet their long-term obligations under California’s Renewable Portfolio Standard (RPS) by offering tranches at industry-leading prices,” said Ian Black, senior director devel-opment for EDF Renewables North America.
Black added, “EDF Renewables is a leading renewable energy counterparty, able to structure offtake agreements around unique needs of clients like Shell Energy North America. We en-joy our close working relationship with SENA and are excited to announce this agreement to help meet its RPS needs. We look forward to strengthening our relationship on future con-tracts with Shell.”
EDF Renewables is one of the largest renewable energy developers in North America with 10 GW of wind, solar, and storage projects realized throughout the US, Canada and Mexico, including over 6.5 GW currently in operation.
*The PPAs cover an accurate capacity expressed in MWac, the standard measure of alter-nating current.
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About EDF Renewables (PREVIOUSLY EDF ENERGIES NOUVELLES)
EDF Renewables is a leading international player in renewable energies, with gross installed capacity of 14.2 GW worldwide. Its development is mainly focused on wind and solar photovoltaic power. EDF Renewables operates mostly in Europe and North America but is continuing to grow by moving into promising emerging regions such as Brazil, China, India, South Africa and the Middle East. The company has strong positions in offshore wind power, but also in other areas of the renewable energies industry such distributed energy and energy storage. EDF Renewables develops, builds, operates and maintains renewable energies projects, both for itself and for third parties. Most of its international subsidiaries bear the EDF Renewables brand. EDF Renewables is the EDF Group subsidiary specialising in developing solar and wind power.
For more information, visit: www.edf-renouvelables.com
Follow us on LinkedIn and on Twitter @EDF_RE in French and @EDF_Renewables in English.
About Shell Energy North America (US), L.P. (SENA):
SENA and its subsidiaries operate as an integral part of the global Shell Trading network. The company and its sub-sidiaries trade and market natural gas, wholesale power, environmental and risk management products with counter-parties and customers throughout the region. Its customers include large commercial and industrial users, retail ener-gy companies, local gas distribution companies, electric utilities, independent power producers, oil and gas produc-ers, municipalities, and rural electric cooperatives. SENA consistently ranks within the top three gas and power mar-keters in North America according to Platts. Capabilities include marketing natural gas within the U.S. and Canada, with a sales volume of 10 billion cubic feet per day; marketing wholesale and retail power, with sales topping 270 million megawatt hours annually; and participating in nearly all organized power markets, with access to over 9,500 megawatts of generating capacity across North America.
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