The Florida Municipal Power Agency (FMPA) has signed a letter of intent with SunEdison for a 20-year power purchase agreement to provide 10 MW of solar photovoltaic capacity at several locations throughout the state.
The agreement with SunEdison includes installation, construction, monitoring and operation of the solar systems. Once completed, the photovoltaic systems will deliver an estimated 12.8 million kWh of solar energy in the first year of operation.
‘The letter of intent is an important first step for Florida in developing a solar program for our municipal utility members,’ says Roger Fontes, FMPA's general manager and CEO. ‘We are excited that large-scale solar power is becoming a reality in the Sunshine State.’
FMPA and SunEdison plan to complete the negotiation, execution and delivery of final project agreements in the fall, with completed installation by the end of 2009. Under the terms of the letter of intent, FMPA and SunEdison will begin inspections of potential sites and locations at several FMPA member cities for project development.
SOURCE: FMPA
