EDF Renewables announced today the signing of two 20-year Power Purchase Agreements (PPA) for the 128 megawatt (MWac) with 40 MW/160 MWh battery storage Big Beau Solar+Storage Project in Kern County, California. Silicon Valley Clean Energy (SVCE) will receive 55-percent of the output, and Monterey Bay Community Power (MBCP) will receive 45-percent.
The project is slated to achieve commercial operation by the end of 2021.
The future plant contributes to the EDF Group Electricity Storage Plan’s goal to develop 10GW of additional storage around the world by 2035.
SVCE and MBCP jointly launched a competitive procurement process in September 2017 in order to take advantage of economies of scale for the combined four county service territory. This unique collaboration between these two Community Choice Aggregators (CCA) allowed for more purchasing power to source cost-effective, clean electricity for their communities.
“EDF Renewables is pleased to be selected by SVCE and MBCP – two forward-thinking CCAs to supply, affordable, in-state green energy to their customers. The inclusion of storage provides the agencies with a 100% clean and partially dispatchable product, allowing them to mitigate the duck curve risk and monetize price spikes”, said Valerie Barros, director of renewables and storage product development at EDF Renewables in North America.
The electricity generated at full capacity is enough to meet the consumption of up to 64,000 average California homes. This is equivalent to avoiding more than 315,000 metric tons of CO₂ emissions annually which represents the greenhouse gas emissions from 67,000 passenger vehicles driven over the course of one year.
EDF Renewables is one of the largest renewable energy developers in North America with 10 gigawatts of wind, solar, and storage projects developed throughout the U.S., Canada, and Mexico.
*The PPAs cover an accurate capacity expressed in MWac, the standard measure of alternating 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
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