Recurrent Energy signs PPA agreements

Recurrent Energy LLC has signed two 15-year power purchase agreements with Silicon Valley Clean Energy and Monterey Bay Community Power for a 150 megawatt solar power system with 180 megawatt-hours of battery storage. This joint procurement effort represents the largest contracted solar-plus-storage project in California to date.

This first-of-its-kind partnership resulted from a joint procurement process that Silicon Valley Clean Energy and Monterey Bay Community Power launched in September 2017 to source cost-effective, renewable power for their respective communities.

Power will be supplied from Recurrent Energy's Slate photovoltaic-plus-storage project to be built in Kings County, California. The project is scheduled to reach commercial operation in 2021, and the energy represented by the contracts is enough to power 37,500 homes, providing Silicon Valley Clean Energy with 55 percent of the energy, and Monterey Bay with the other 45 percent of the combined output. 

The project's lithium-ion battery component is 45 MW nameplate with 180 MWh of energy capacity, allowing for four hours of flexible energy delivery.