Sale Closes on The Largest Solar Energy Project in the World
AVSP is a 580 MW photovoltaic solar project located in the Antelope Valley, California, approximately 90 miles north of Los Angeles. The project will utilize SunPower’s proprietary photovoltaic modules and tracking technology, and its electricity will be sold to Southern California Edison Company under long-term power purchase agreements. SunPower will build and operate the project for MidAmerican. Construction of the project has commenced, and commercial operation is expected in 2015.
The Project creates an emissions-free source of electricity, is expected to create approximately 650 construction jobs, will ultimately power approximately 250,000 homes, will avoid at least 1.3 billion pounds of greenhouse gases per year (the equivalent of taking 105,000 cars off the road) and will contribute towards meeting California’s Renewable Portfolio Standard of 33 percent renewable energy by 2020.