Photovoltaic module manufacturer Suntech Power Holdings Co., Ltd. (NYSE: STP) announced that it will supply over 25,000 modules for Recurrent Energy’s five-megawatt (MW) municipal solar power project atop the Sunset Reservoir in San Francisco, California. All modules are scheduled for delivery in 4Q09.
The project, contracted by the San Francisco Public Utilities Commission in late 2008 and signed into law by San Francisco Mayor Gavin Newsom in May 2009, will more than triple San Francisco’s total municipal solar power output from 2MW today to 7MW upon completion in 2010. According to the SFPUC, it will be California’s largest solar photovoltaic (PV) system to date.
"’The combination of the system design and Suntech modules will help us to deliver the maximum amount of solar energy and environmental benefits over the lifetime of the Sunset Reservoir project,” said Arno Harris, CEO of Recurrent Energy. ”This PV system is expected to produce enough renewable energy to provide for 1,000 typical City residents, avoiding the release of more than 109,000 metric tons of carbon dioxide emissions.”
Recurrent Energy will own and operate the system and sell all the renewable electricity to the City and County of San Francisco under a 25-year power purchase agreement. The anticipated production for the 5 MW project is 6,560,000 kWh in the first year. Under the agreement, Recurrent Energy assumes all financing, construction, and operating obligations for the project.
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