SunEdison Adding 262 MW Of Solar Power Plants In Southern Utah

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SunEdison Inc. has signed agreements to construct and install three utility-scale solar power plants in southern Utah.

With a total capacity of 262 MW DC, the projects, located in Iron County, include the 63 MW Granite Mountain Solar West plant, the 100 MW Granite Mountain Solar East plant and the 99 MW Iron Springs Solar plant.

These projects are on the call right projects list for TerraForm Power Inc. SunEdison anticipates offering these projects to TerraForm Power for investment upon completion. Operations and maintenance will be performed by SunEdison Services.

PacifiCorp will purchase the electricity through three 20-year power purchase agreements according to its obligation under the federal Public Utilities Regulatory Policies Act.

The purchase agreements and the price of the electricity will be at the utility's avoided cost of electricity – which reflects the utility's costs to purchase or generate the power from other resources. The contract will be approved by the Utah Public Service Commission.

SunEdison expects construction to begin in the fall and commercial operations to begin in 2016. The company recently broke ground on the 22.6 MW Seven Sisters solar project, also in Utah.

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