SunEdison, a solar energy services provider and a subsidiary of MEMC Electronic Materials, has entered into a new 25 year power purchase agreement (PPA) to deliver 20 MW to Riverside Public Utilities (RPU), the municipal electric utility of the City of Riverside, California.
SunEdison will construct the 20 MW North Lake I Solar plant on previously disturbed land owned by the Metropolitan Water District near the Diamond Valley Lake reservoir in western Riverside County. According to the company, the project is expected to deliver renewable energy and reduce the need for costly transmission upgrades due to its proximity to load centers, including the RPU service territory.Â Â Â
Riverside is among the first of California's municipal utilities to enter into a utility-scale solar contract of this size, the utility adds. Under Senate Bill X 1-2, California extended its renewable portfolio standard program goal to 33% and included publicly owned utilities such as Riverside.