California's Clean Power Alliance (CPA) has released its Clean Energy 2020 Request for Offers to expand its renewable energy portfolio. CPA will solicit offers for long-term clean energy power purchase agreements (PPAs), with an eye towards diversifying its renewable energy sources, adding long-duration storage, and securing structured products to deliver energy at specific key times.
Within the “Renewable Energy Contract” category, CPA will be seeking a Renewable Portfolio Standard (RPS)-eligible generation and RPS + Storage projects that are 5 MW – 300 MW in size. Within the “Standalone Storage Contract” category, CPA will be seeking standalone storage projects that are 5 MW – 100 MW in size. For projects that include a storage component, eligible storage durations include conventional 4-hour duration as well as longer storage duration (up to 12-hour duration). Eligible projects must have a commercial operation date no later than the end of 2025; however, projects with commercial online dates of December 21, 2023, or sooner are preferred.
These projects will complement CPA’s recently expanded portfolio, which includes new solar plus storage, standalone storage, wind, and small hydroelectric projects approved by the CPA board over the past year. Clean Energy 2020 RFO project submissions will be evaluated on a combination of quantitative and qualitative factors that include economic value, development risk, workforce development, environmental stewardship, benefits to Disadvantaged Communities, and project location.
Ascend Analytics is administering the RFO process on behalf of the CPA. Prospective bidders must register on the Clean Energy RFO 2020 website in order to participate.
The deadline for the submission of documents to participate in the tender is on November 20, 2020.
The tender information can be accessed on out business opportunity page here.
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