US-based renewable energy developer SunEdison has initiated operations at the 81.6MW Regulus solar photovoltaic (PV) plant, which is located in Kern County, California, US.
The direct current (DC) solar facility has been acquired by TerraForm Power from its call right list with SunEdison.
Go deeper with GlobalData
Within 20 years of commissioning, the facility is expected to offer nearly $184m in revenue to local businesses, governments, and households.
Southern California Edison will receive the power generated from the facility according to a 20-year power purchase agreement.
The power plant is spread over 737 acres and is equipped with 250,000 SunEdison Silvantis solar PV panels to generate enough power for more than 10,000 US households.
SunEdison North America Utility and Global Wind executive vice-president Paul Gaynor said: "Regulus is another SunEdison success story in the California utility scale solar market and is an important contributor to the state’s renewable portfolio standard (RPS) goals.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"We are excited to see the support and enthusiasm surrounding this project, and are pleased that this project is able to provide economic and environmental benefits to the people of California."
SunEdison is also responsible for the operation and maintenance of the facility, after its commissioning.
Image: SunEdison commissions Regulus solar facility in California, US. Photo: courtesy of SunEdison, Inc.
