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Concentrating Solar Power

PG&E adds 500 MW to solar portfolio

PG&E will purchase a total of 500 megawatts of
concentrating solar power from NextEra’s and Abengoa Solar’s projects in California.

Pacific Gas and Electric Company continues to engage independent developers in solar deals, signing up NextEra Energy Resources and Abengoa Solar in California to deliver 500 megawatts of clean, renewable electricity.

These latest deals bring the California utility’s power purchase agreements with independent producers to 830 MW of solar generation.

NextEra’s proposed 250-MW Genesis Solar Energy project consists of two 125-MW units to be located on a site managed by the United States Bureau of Land Management in Riverside County, California. The first 125-MW unit is scheduled to come online in 2013 and the second in 2014.

The Genesis Solar Energy project is expected to deliver about 560 gigawatt-hours of energy annually, the equivalent of the annual energy consumption of more than 80,000 homes, as well as reduce approximately 500,000 tons of carbon dioxide emissions annually.

Abengoa Solar’s planned Mojave Solar project likewise has a generating capacity of 250 MW. Scheduled to become fully operational by late 2013, the project is located at Harper Lake in San Bernardino County.

The project will provide more than 600 gigawatt-hours of energy every year, enough to power about 90,000 homes, and will avoid over 431,000 tons of greenhouse gas emissions annually.

Both solar projects will utilize concentrating solar power technology to generate green electricity for PG&E’s customers. Curved mirrors in the shape of parabolic troughs will focus solar energy onto fluid-filled tubes. The heated fluid will then create steam for generating electricity.

“These projects will serve the critical energy needs of our customers without creating heat-trapping gases that harm our environment," said Fong Wan, senior vice president for energy procurement at PG&E.

Based in San Francisco, PG&E is one of the largest combined natural gas and electric utilities in the United States, serving approximately 15 million customers in northern and central California. Its parent company, PG&E Corporation, is traded on the New York Stock Exchange.

NextEra Energy, a subsidiary of Florida-based FPL Group, is one of the leading generators of renewable energy in North America. The FPL Group, listed on the New York Stock Exchange, generated revenues of more than $16 billion in 2008.

Based in Lakewood, Colorado, Abengoa Solar develops innovative solutions to generate power from the sun. The company also has offices in Arizona and California.

-   Natassia Y. Laforteza

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