Solar Frontier Americas (SFA), the U.S. renewable energy business of Japanese petroleum company Idemitsu Kosan Co., has further expanded its power generation portfolio with the acquisition of a 50.5 MW solar project from CS Solar, a joint venture company of Samsung Solar Energy.
The project is sited in Stanislaus County, Calif., southeast of San Jose. Power will be supplied to Silicon Valley Power, a nonprofit municipal utility in Santa Clara, Calif., through a power purchase agreement.
Construction on the Central 40 solar project is expected to begin in 2020. It will come online later that year. Solar Frontier Americas will be the long-term owner and operator.
“Samsung Solar Energy is pleased to sell this project, which we developed with Coldwell Solar, to an organization with the utility-scale development expertise and power generation management capabilities of Solar Frontier Americas,” says Seung-gul Lee, president and CEO of Samsung C&T America Inc., a parent company of Samsung Solar Energy.