Two companies with California solar projects on Dec. 30 filed notices with the Federal Energy Regulatory Commission that those facilities have achieved commercial operation.
- “In compliance with Order No. 816, Antelope DSR 1, LLC hereby provides notice that its 50 MWac solar photovoltaic facility in Lancaster, Los Angeles County, California achieved commercial operation on December 20, 2016 and, therefore, its 20-year power purchase agreement with the Southern California Public Power Authority will expire on or about December 19, 2036.”
- “In compliance with Order No. 816, Solverde 1, LLC hereby provides notice that its 85 MWac solar photovoltaic facility in Lancaster, Los Angeles County, California achieved commercial operation on December 20, 2016 and, therefore, its 20-year power purchase agreement with the California Department of Water Resources will expire on or about December 31, 2036.”
sPower and the California Department of Water Resources (DWR) on Dec. 20 had announced commencement of commercial operations of the Solverde 1 solar farm. sPower installed more than 330,000 solar modules. The 85-MW (ac) project was developed under an aggressive schedule going from signing the power purchase agreement (PPA) to completing interconnection to building and commissioning the project in just 12 months. Solverde 1 is the largest solar photovoltaic facility to provide power to the DWR. It is also the biggest solar Contract for Difference (CfD) project in the U.S. And it is the largest individual operating facility in the sPower portfolio.
FERC this past Oct. 11 had approved a Sept. 9 application from Antelope DSR 1 LLC for approval for JPM Capital Corp. to acquire an indirect interest in Antelope. Antelope is an indirect subsidiary of FTP Power LLC, which has the right to control it and the Antelope DSR 1 Project on a day-to-day basis. JPM Capital is an indirect subsidiary of financial service company JPMorgan Chase & Co.
