SCE agrees to buy power from three of Recurrent Energy’s projects
SAN FRANCISCO—(February 2, 2010)—Recurrent Energy, an independent power producer and a leading developer of solar power projects, today announced it has signed agreements with Southern California Edison (SCE). The utility will buy 100 percent of the power from three of Recurrent Energy’s California solar projects.
Recurrent Energy will build and operate the solar power systems, located in Kern County and San Bernardino County, which have a combined peak output of 50 megawatts of DC power (MWDC). The projects are expected to be completed in early 2013.
“These projects are a great example of the potential for distributed-scale solar to deliver significant quantities of power on relatively short timeframes,” said Arno Harris, CEO of Recurrent Energy. “Distributed-scale solar has an important role to play in helping to meet near-term renewable energy goals. This is a clear validation of our approach to developing and marketing solar power in California.”
The three solar photovoltaic ground-mounted power systems, two in Kern County (6 MWDC and 22 MWDC) and one in San Bernardino County (22 MWDC), are sited on private land leased by Recurrent Energy and construction is expected to begin in 2012.
“SCE sees solar as a key part of our renewable energy strategy,” said Marc Ulrich, Southern California Edison vice president, Renewable and Alternative Power. “We were pleased to work with Recurrent Energy’s experienced energy development, finance, and construction team to bring these distributed-scale solar projects online quickly. Projects like this make big steps toward contributing to California’s clean, green energy future.”
About Recurrent Energy
Recurrent Energy is an independent power producer and a leading developer of distributed solar projects for utilities, government, and commercial customers. Located in San Francisco, Recurrent Energy is helping to meet rising energy demand by developing a global portfolio of clean power plants located where they are needed most. The company has a pipeline of over 1,000 MW of distributed-scale solar projects in development across North America and Europe. For more information on Recurrent Energy and distributed solar power, please visit www.recurrentenergy.com
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Media Contacts
Sean Gibson
Bite Communications for Recurrent Energy
415-365-0395
sean.gibson@bitecommunications.com
