Renewable energy development company SunEdison Inc. will construct new solar plants in West Texas to supply the city of Georgetown with 150 MW of solar power for 25 years.
The SunEdison solar plants will be interconnected in 2016, and will provide over 9,500 GW-hours of clean energy to Georgetown through 2041, enough to power more than 24,000 homes a year for 25 years.
Upon completion, SunEdison expects to offer this project for investment to TerraForm Power Inc., a global owner and operator of clean energy power plants. This project will create close to 800 jobs in Texas during construction.
The power purchase agreement is one of the largest solar agreements in the Electric Reliability Council of Texas (ERCOT) jurisdiction, and represents the largest utility scale solar agreement that SunEdison has signed in Texas to date. SunEdison will construct the project and provide financing. Operation and maintenance of the solar power plants will be performed by SunEdison Services, which provides global 24/7 asset management, monitoring and reporting services.
SunEdison manufactures solar power technology and develops, finances, installs, owns and operates wind and solar power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers.