12-29-2016, 11:22 PM
A sign of things to come..
8minutenergy Renewables claims to have "the first operational solar PV installation to beat fossil fuel prices in California." The recently commissioned 155-megawatt (AC) Springbok 2 Solar Farm in Kern County will provide electricity to the Los Angeles Department of Water and Power at $35 to $38 per megawatt-hour (adjusted for inflation) over the PPA term. Is that the lowest-cost PPA ever? The math is a little fuzzy, and 3.5 cents per kilowatt-hour might not be the lowest PPA price ever, but it's in the ballpark, and a real sign of things to come.