Turlock Irrigation District (TID) and SunPower announced today a 20-year power purchase agreement (PPA) under which TID will buy solar power from SunPower. To serve the agreement, SunPower is starting construction this month on a 54MW (AC) solar photovoltaic power plant at the company's Rosamond Solar site in Kern County, which is expected to be operational by the end of 2016. TID anticipates the plant to generate an equivalent amount of energy to serve approximately 20,000 homes.
"This power purchase agreement puts TID on a clear path to meet both current and future RPS obligations and clean climate goals, as well as continuing a long standing commitment to a diverse and reliable mix of generation resources to serve TID customers," said TID General Manager Casey Hashimoto. "While asset ownership has been the approach for nearly all of TID's other power generation facilities, this long-term power purchase agreement is competitively priced with conventional energy sources and will also allow the district to benefit indirectly from federal tax incentives set to be reduced at the end of 2016."
"Today, power generated from solar plants is cost-competitive with power from traditional, fossil fuel burning plants," said Tom Werner, SunPower CEO and president. "SunPower applies its experience building and operating solar power plants around the world to deliver exceptional performance and value for our customers. We are pleased to partner with Turlock Irrigation District to enable more homes and businesses to take advantage of the region's abundant and sustainable solar resource."
Construction at the Rosamond Solar site, which is located in Kern County's Antelope Valley, is expected to begin this month on the 54MW plant for TID. For its customers at Rosamond Solar, SunPower will design and build SunPower® Oasis® Power Plant systems.