PG&E Signs Second Major Solar Deal With NextLight
October 15 2009 - 2:10PM
PR Newswire (US)
SAN FRANCISCO, Oct. 15 /PRNewswire-FirstCall/ -- Pacific Gas and
Electric Company (PG&E) today announced that it has contracted
with Agua Caliente Solar, LLC, a subsidiary of NextLight Renewable
Power, LLC, for 290 megawatts (MW) of solar power to serve
PG&E's customers in Northern and Central California. The
agreement is one of several recently signed by the utility with
independent developers for a total of 830 MW of solar power. The
Agua Caliente project, to be located in Yuma County, Ariz., is
PG&E's second major contract with a subsidiary of NextLight. In
June, the companies announced an agreement for 230 MW of solar
power from a project in Antelope Valley, Calif. Both projects,
which are subject to approval by the California Public Utilities
Commission, will use photovoltaic panels to generate clean,
renewable power. The Agua Caliente project will deliver about 700
gigawatt-hours of energy per year, enough to serve the needs of
more than 100,000 average homes. Initial deliveries are expected to
begin in mid-2012, with the project becoming fully operational by
late 2014. "In keeping with state policy and our own commitment to
a cleaner energy future, we continue aggressively to pursue
additional sources of renewable power," said Fong Wan, senior vice
president of energy procurement at PG&E. "Our agreements with
NextLight will help PG&E, and the state of California, show
continued leadership in the development of solar power." Pacific
Gas and Electric Company, a subsidiary of PG&E Corporation
(NYSE: PCG), is one of the largest combined natural gas and
electric utilities in the United States. Based in San Francisco,
with 20,000 employees, the company delivers some of the nation's
cleanest energy to 15 million people in Northern and Central
California. For more information, visit http://www.pge.com/about/.
DATASOURCE: PG&E Corporation CONTACT: PG&E Media Relations,
+1-415-973-5930 Web Site: http://www.pge.com/
http://www.nextlight.com/
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