|TeamCalifornia Member 8minutenergy Renewables LLC as they pave the way in California's Solar Market - Congratulations to Imperial Valley EDC and the San Diego Regional EDC - |
Proud TeamCalifornia Members for their work on this project.
8minutenergy subsidiary lands contract with San Diego utility Sacramento Business Journal by Melanie Turner, Staff Writer
Date: Friday, February 17, 2012, 2:31pm PST
Staff Writer - Sacramento Business Journal
A subsidiary of Folsom’s 8minutenergy Renewables LLC 8minutenergy Renewables LLC Latest from The Business Journals Renewables mandate energizes industryFolsom's 8minutenergy makes interconnection agreement with Gestamp8minutenergy makes interconnection agreement with Gestamp Solar Follow this company has signed a 25-year contract with San Diego Gas & Electric San Diego Gas & Electric Latest from The Business Journals Renewables mandate energizes industryRegulators fear power gap if Calpine plant retires FERC, state agencies to investigate Arizona, California power outages Follow this company to sell power from its 200-megawatt Mount Signal solar farm in Imperial Valley.
Financial terms of the deal were not disclosed.
The large-scale utility plant will be developed and built by 8minutenergy and its partners, including AES Solar AES Solar Latest from The Business Journals Kauai Island Utility Cooperative to add PV facilityAES funds new solar project in Italy AES Solar closes on financing Follow this company of Arlington, Va.
AES Solar, a joint venture between the AES Corp. AES Corp. Latest from The Business Journals CareSource hires former DPL executive Daniel McCabeAES has buyer for NY plantsTop stories of 11 Follow this company and Riverstone Holdings LLC Riverstone Holdings LLC Latest from The Business Journals Private equity firms consider El Paso E&P assetsReEnergy adds to holdings, buys five renewable power plantsReEnergy paying M for 5 plants in NY, Maine Follow this company , owns and operates utility-scale solar installations around the world.
8minutenergy Renewables subsidiary 82LV 8ME LLC conducted the transaction. 8minutenergy is a startup launched to develop utility-scale solar farms.
The project is on close to 2,000 acres of low-productivity farmland. It will generate close to 450 temporary jobs during the 18-month construction, according to 8minutenergy.
The project is expected to begin delivering power to San Diego Gas & Electric in mid-2013, and to produce enough solar power to serve 72,000 households in the SDG&E’s service territory.
While SDG&E has signed the 25-year power purchase agreement, the contract is still subject to approval from the California Public Utilities Commission California Public Utilities Commission Latest from The Business Journals PG&E has record 300 bids for renewable energy projectsSureWest gives its buyer tech know-howSureWest suggests many jobs are safe in acquisition
Melanie Turner covers energy, environment, clean technology, agriculture, transportation, media and marketing for the Sacramento Business Journal.