EDF Renewables North America indicators Solar PPA with BASF
According to EDF Renewables North America, an independent power producer and service provider, the Space City solar project is moving forward with the recent signing of the first tranche of 55 MW AC / 73 MW DC to BASF under a power purchase agreement with development milestones.
The total capacity of the project is up to 345 MW AC / 455 MW DC. Space City Solar in Wharton County, Texas is expected to begin construction in the summer of 2021 and begin delivering clean power in the summer of 2022.
The construction is expected to create approximately 300 jobs, generating more than $ 30 million in new tax revenue over the lifetime of Wharton County's tax authorities. In addition to providing stable payments to local landowners who have leased their land, the Louise Independent School District can generate revenues of $ 2.5 million, including $ 1.8 million in the first year of operation provided the district is up to December a Chapter 313 agreement passed. 31.
Space City Solar is specifically designed to generate clean energy while minimizing the impact on wildlife, habitats and other environmental resources. The project will use highly efficient bifacial solar photovoltaic (PV) modules.
"This transaction demonstrates EDF Renewables' continued commitment to helping enterprise customers meet their power and wholesale sustainability needs," said Matt McCluskey, vice president of South Region Development for EDF Renewables. "Space City Solar will boost the local economy through construction jobs, local spending and an expanded tax base."