PG&E Signs Second Major Solar Deal With Nextlight
Release Date: October 15, 2009
Contact: PG&E External Communications (415) 973-5930
SAN FRANCISCO, Calif. –Pacific Gas and Electric Company (PG&E) today announced that it has contracted with Agua Caliente Solar, LLC, a subsidiary of NextLight Renewable Power, LLC, for 290 megawatts (MW) of solar power to serve PG&E’s customers in Northern and Central California. The agreement is one of several recently signed by the utility with independent developers for a total of 830 MW of solar power.
The Agua Caliente project, to be located in Yuma County Ariz., is PG&E’s second major contract with a subsidiary of NextLight. In June, the companies announced an agreement for 230 MW of solar power from a project in Antelope Valley Calif. Both projects, which are subject to approval by the California Public Utilities Commission, will use photovoltaic panels to generate clean, renewable power.
The Agua Caliente project will deliver about 700 gigawatt-hours of energy per year, enough to serve the needs of more than 100,000 average homes. Initial deliveries are expected to begin in mid-2012, with the project becoming fully operational by late 2014.
“In keeping with state policy and our own commitment to a cleaner energy future, we continue aggressively to pursue additional sources of renewable power,” said Fong Wan, senior vice president of energy procurement at PG&E. “Our agreements with NextLight will help PG&E, and the state of California, show continued leadership in the development of solar power.”
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation’s cleanest energy to 15 million people in Northern and Central California. For more information, visit About PG&E page.