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Southern Power, a subsidiary of Southern Company, on Monday has announced that it has acquired a solar energy plant in West Texas.
The company has disclosed that the Arizona-based First Solar, Inc. has been carrying out the development of the 120MW West Texas plant, called East Pecos Solar Facility, from February this year. It has also revealed that First Solar will be responsible for operating and maintaining the solar project as well.
Southern Power has declared that the newly acquired East Pecos Solar Facility will be starting commercial-scale operation in the last quarter of the current year.
Austin Energy, as part of a 15-year power purchase agreement (PPA), will procure the electricity and related renewable energy credits (RECs) to be produced by the 120MW East Pecos Solar Facility.
In October last year, First Solar along with Austin Energy made an announcement on the settlement of a PPA for the municipally owned power provider to acquire energy from the East Pecos Solar Project.
The project of around 1,000 acres at Pecos County in Texas will feature around 1.2 million units of thin-film, photovoltaic (PV) solar modules of First Solar, which will be mounted on a single-axis tracking system to facilitate enlargement of daily energy production capability of each module.
The CEO of Southern Company Tom Fanning disclosed, "Southern Power's acquisition of the East Pecos Solar Facility underscores the company's commitment to strategically develop renewables across America. This project aligns with its conservative business model as Southern Power has built one of the nation's largest renewable energy portfolios."
The East Pecos plant represents the 35th production facility of the company, and the second solar site of the firm in Texas.
Southern Power revealed in last November that it had acquired a controlling stake in the 157MW Roserock solar PV facility, which is also based in Pecos County, from the Canadian Solar subsidiary Recurrent Energy.
The Roserock solar PV plant will feature around 700,000 Canadian Solar CS6X-P PV solar modules mounted on single axis trackers.
The Roserock solar project, which is being developed on 1,300 acres of land in Pecos Country, is slated to commence commercial-scale operations in Q4, 2016.
As part of a 20-year PPA, Austin Energy will procure the electricity and related RECs to be produced by the 157MW this facility.
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