SunPower has signed a 20-year power purchase agreement (PPA) with NV Energy to build the 100 MW Boulder Solar photovoltaic power plant planned for construction in the Eldorado Valley of Boulder City, Nev.
SunPower acquired the project from KOMIPO America Inc., a subsidiary of Korea Midland Power Co., earlier this year. At the site, SunPower plans to design and build its Oasis power plant system. The project is expected to commence before the end of 2015, with commercial operation planned in 2016.
The PPA with NV Energy is subject to approval from Nevada's Public Utilities Commission. SunPower expects to offer the Boulder Solar project for sale to 8point3 Energy Partners LP, the yieldco joint venture formed by SunPower and First Solar.