EDF Renewables North America and Shell Energy North America (US) LP (SENA) have signed a 15-year power purchase agreement related to a 132 MW AC tranche of the Palen Solar site known as the Maverick 7 Solar Project.
Palen Solar is located in Riverside County, Calif., on 3,140 acres of federal lands within a Solar Energy Zone (SEZ) and Development Focus Area, managed by the U.S. Bureau of Land Management (BLM). The BLM completed the federal permitting process, issuing the project a Record of Decision (ROD) in October 2018.
“Palen Solar, with a total of 500 MW of solar capacity, demonstrates EDF Renewables’ long-term commitment to solar development in California. The project uniquely positions the company to help load-serving entities meet their long-term carbon goals and obligations under California’s Renewable Portfolio Standard (RPS) by offering smaller tranches at industry-leading prices,” says Dai Owen, Vice President, Power Marketing, for EDF Renewables.
As the sole energy off-taker for the Maverick 7 Solar Project, SENA will also purchase 100% of the environmental attributes, including the renewable energy credits and capacity. This agreement builds on the previously announced PPA between SENA and EDF Renewables for another tranche of the Palen Solar Project in 2018.
Maverick 7 is expected to be completed by the end of 2021.
