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EDF Renewables and Shell Energy Sign 15-Year Power Purchase Agreement

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EDF Renewables North America and Shell Energy North America  have signed a 15-year Power Purchase Agreement for the energy and renewable attributes related to a 100 MWac/132 MWp tranche of the Palen Solar project known as Maverick 4. The 500-MW project should be operational by the end of 2020.
EDF Renewables and Shell Energy Sign 15-Year Power Purchase Agreement
Catalina Solar (EDF Renewables)

Palen Solar is located in Riverside County, California, on 3,140 acres of federal lands within a Solar Energy Zone and Development Focus Area, managed by the U.S. Bureau of Land Management. The BLM recently completed the federal permitting process, issuing the project a Record of Decision, which clears the path for project construction.

The project is expected to generate enough energy to power approximately 100,000 California homes while supporting state renewable energy goals. Palen Solar is also expected to generate economic activity and local tax revenues that support vital public services in local communities in and around Riverside County.

“EDF Renewables is pleased to have completed the federal permitting process on Palen Solar,” said Ian Black, senior director, development for EDF Renewables.

“Working closely with companies like EDF Renewables, with its proven track record as a successful developer of large scale renewables, allows us both to better meet the evolving power needs of our customers,” said Glenn Wright, vice president, Shell Energy Americas

EDF Renewables is one of the largest renewable energy developers in North America with 10 GW of wind, solar, and storage projects developed throughout the U.S., Canada, and Mexico.

 

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