May 21 (Renewables Now) - Five Texas-based electric distribution cooperatives have signed power purchase agreements (PPAs) with Canadian renewable energy developer Saturn Power Corporation for the output of distribution-scale solar arrays totalling 7 MW DC, which will be built in their state.
The off-takers are Bartlett Electric Cooperative, Comanche Electric Cooperative, Heart of Texas Electric Cooperative, PenTex Energy and South Plains Electric Cooperative. The PPA covers a 20-year period, sustainability-focused non-profit Rocky Mountain Institute (RMI) informed on Tuesday.
Saturn Power will develop, build, own and operate the arrays and bring them online by June 2020. The Canadian firm won the projects in a competitive bidding process which RMI managed on behalf of the cooperatives.
The solar arrays will be installed on each of the cooperatives’ distribution systems. This will help the cooperatives avoid demand charges and generation capacity charges imposed by the Texas grid operator.