SRP and Intel inks 15-year PPA agreement for 100 MW solar PV project in US

Salt River Project announced a collaboration to invest in clean, green energy with zero emissions and provide 100 megawatts of solar generation to the growing Intel Chandler facility.

As part of a commitment to invest in more renewable energy and reduce carbon emissions, SRP and Intel reached a 15-year agreement to provide energy from a solar plant that will be built in Eloy, Ariz. by sPower, an AES (NYSE: AES) and AIMCo company.

The solar plant will support Intel’s Chandler Ocotillo Campus, one of its semiconductor manufacturing sites.

Financial details about the contract were not provided.