Lightsource signed a PPA deal for 240 MW Bighorn solar PV project in USA

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Lightsource BP has agreed to sell all the electricity it generates from 240 MW Bighorn solar PV project to Xcel Energy under a 20 year power purchase agreement. The solar park is expected to be operational in 2021.

The facility will be financed, built, owned and operated by Lightsource BP and will be installed on EVRAZ North America’s Rocky Mountain Steel property in Pueblo, Colorado. Lightsource BP and project investors will spend about US$250 million for the project and expected to create about 300 jobs.

The partners’ agreement requires final review by the Colorado Public Utilities Commission. Rates were not disclosed in the announcement, though the companies said the agreement provides EVRAZ with fixed rates through 2041.

The project is part of Xcel's goal to deliver 55 percent renewable energy to the grid by 2026 and reduce carbon emissions by 60 percent.

 

List of the country updates

Country updates

  • October 04, 2019

    Engie, CMU sign PPA deal for 305.8 MW Radford's Run wind farm in USA

    Carnegie Mellon University (CMU) and ENGIE Resources have announced a series of multiyear energy agreements through 2024 in which the university will purchase energy from the 305.8 MW Radford's Run wi...

    Read more
  • October 04, 2019

    Western Spirit Transmission project acquisition receives regulatory approvals

    PNM, the wholly-owned New Mexico utility subsidiary of PNM Resources has received the New Mexico Public Regulation Commission (NMPRC) approval to acquire the Western Spirit transmission proj...

    Read more
  • October 04, 2019

    350 MW wind farm in USA begins commercial operations

    Innergex Renewable Energy Inc. has begun commercial operation of the 350.3 MW Foard City wind farm, a project consisting of 139 GE wind turbines spreading over 31,449 acres in Foard County in Texas.

    Read more
  • October 03, 2019

    Reccurent Energy completed the sale for the 200 MWac/266 MWp Rambler solar project in USA

        Duke Energy Renewables, a subsidiary of Duke Energy, expands its solar energy portfolio by acquiring the 200 MWac/266 MWp Rambler solar project from ...

    Read more
  • October 03, 2019

    SmartPitch Ventures to invest in IPS Solar

    SmartPitch Ventures, a company focused on late-stage venture capital and private equity business focusing on disruptive technologies with a particular focus on energy, has made a significant capital i...

    Read more

Share this update