EDP Renewables and Shell Energy North America Execute Long-Term Agreement for a 200 Megawatt Solar Project in California
November 06 2019 - 11:00AM
EDP Renewables SA (EDPR), through its fully owned subsidiary EDP
Renewables North America LLC (EDPR NA), and Shell Energy North
America (US), L.P. (SENA) have closed on a 15-year power purchase
agreement (PPA) for 200 megawatts (MW) that will bring the Sandrini
Solar Park to Kern County, California. This PPA was announced
by EDPR on October 25, 2019.
Located near Bakersfield, the 200 MW Sandrini Solar Park, which
is anticipated to be operational in 2022, represents an estimated
capital investment of more than $200 million and will generate
enough clean electricity to annually power more than 91,000 average
California homes. The project will also bring a myriad of
economic benefits to Californians through payments to local
landowners and governments, job opportunities during construction
and operations, and an increase in money spent at local businesses
in the vicinity of the solar park. Sandrini Solar Park will
also save approximately 353 million gallons of water a year.
In addition to being Sandrini’s sole energy offtaker through the
long-term PPA, SENA will also purchase 100 percent of the
environmental attributes, including the renewable energy credits
and capacity.
“We are proud to enable the development of the Sandrini Solar
Park,” said Glenn Wright, President of Shell Energy North
America. “This opportunity will increase the supply of
renewable power in California while simultaneously reducing Shell’s
carbon footprint. We recognize that customers and communities
are demanding a shift in the way power is generated and we are
adapting to the demand for more clean energy solutions.”
“EDP Renewables is pleased to work together with Shell Energy
North America to reduce carbon emissions and implement new
utility-scale renewable energy solutions,” said Miguel Prado, EDP
Renewables North America CEO. “Sandrini Solar Park represents
EDPR’s continued interest in investing in California – the state
that is leading the nation in installed solar capacity as well as
in its charge toward obtaining 100 percent of its energy from
zero-carbon sources.”
EDP Renewables is a global leader in wind and solar, with a
significant and an expanding presence in California. The
company’s operational footprint in the state includes two phases of
the Lone Valley Solar Park in San Bernardino County and three
phases of the Rising Tree Wind Farm in Kern County – powering more
than 101,000 average California homes. EDPR NA will also
construct the Sonrisa Solar Park, which will consist of 200 MW of
solar capacity and 40 MW of storage capacity, in Fresno County in
2022.
About EDP Renewables North America
EDP Renewables North America LLC (EDPR NA) and its subsidiaries
develop, construct, own, and operate wind farms and solar parks
throughout North America. Headquartered in Houston, Texas,
with 49 wind farms, five solar parks, and 13 regional and
development offices across North America, EDPR NA has developed
more than 6,900 megawatts (MW) and operates more than 6,300 MW of
renewable energy projects. For more information, visit
www.edprnorthamerica.com.
About EDP Renewables
EDP Renewables (Euronext: EDPR) is a global leader in the
renewable energy sector and the world’s fourth-largest wind
energy producer. With a sound development pipeline,
first class assets, and market-leading operating capacity, EDPR
has undergone exceptional development in recent years and
is currently present in 14 markets (Belgium, Brazil, Canada,
Colombia, France, Greece, Italy, Mexico,
Poland, Portugal, Romania, Spain, the UK, and the U.S.).
Energias de Portugal, S.A. (“EDP”), the principal shareholder
of EDPR, is a global energy company and a leader in value
creation, innovation, and sustainability. EDP has been
included in the Dow Jones Sustainability Index for 12
consecutive years. For further information, visit
www.edpr.com.
About Shell Energy North America
Shell Energy North America (US), L.P. (SENA) is among the
largest wholesale energy marketers and traders in North America and
provides a comprehensive portfolio of energy-related products and
services. Consistently ranked within the top three gas and
power marketers in its region, SENA’s capabilities include
marketing natural gas within the USA and Canada, with a sales
volume of approximately 10 billion cubic feet per day and marketing
wholesale and retail power, with sales topping 270 million megawatt
hours annually. A participant in nearly all organized power
markets, SENA manages more than 10,000 megawatts (MW) of power
generation capacity, with more than a third of that power coming
from renewable sources including hydro, wind and solar.
www.shell.us/business-customers/trading/shell-energy-north-america.html
Blair Matocha, Communications Manager
EDP Renewables North America
713-356-2415
blair.matocha@edpr.com
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