SunEdison, Inc. today announced it has signed two 20-year power purchase agreements with Southern California Edison for 2.7MW DC of solar.
"We know that air quality is a big concern for residents in the area, but so is getting reliable electricity to a growing, economically important region. SunEdison can help," said Sam Youneszadeh, SunEdison's regional general manager of its Western U.S. solar business. "Solar is a great way for utilities to boost grid reliability without emitting greenhouse gases. Solar is cost effective, quick-to-build, and can easily scale. It's great to see Southern California Edison looking after the people it serves."
With SunEdison's solar power purchase agreement, the utility will enjoy the benefits of solar energy without any up-front cost. SunEdison installs, owns, and operates each system while the utility enjoys low-cost, clean solar electricity.
SunEdison intends to build the systems using a combination of parking canopies and rooftop space. The solar systems are expected to generate enough energy to power 640 California homes per year. The systems should help avoid the emission of more than 50 million pounds of carbon dioxide over 20 years—the equivalent of taking around 5,000 cars off the road.
SunEdison intends to complete the solar systems pending approval of the contracts by California's Public Utility Commission. Operation and maintenance of the solar systems will be performed by SunEdison Services.