Two California aggregators sign joint contracts for 778 MW of energy generation

By SB Staff July 26, 2021 View Profile

Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have executed seven PPAs, equating to 778 MW of energy generation between the two Community Choice Aggregators (CCA). These long-term contracts are a result of the Request for Offers (RFO) jointly issued by the CCA agencies in 2019 and 2020.

The joint contracts include one wind, one solar, and three solar-plus-storage projects. The solar and solar-plus-storage projects are new builds and will add new generation capacity to the California grid on behalf of the CCA’s combined 670,000 customers.

In addition to the joint procurement effort the two agencies signed individual contracts for two separate projects. CCCE signed a PPA with Idemitsu Renewables for 70 MW of solar and 17.5 MW of battery storage from the Jasmine project in Kern County, CA and SVCE signed a contract with Terra-Gen to receive 77.7 MW of wind energy from three existing wind facilities in Kern County, CA.

“CCAs are a leading force in California’s efforts to reach a zero-carbon grid. CCCE and SVCE’s joint procurement of 778 MW of clean electricity and 118.75 MW of storage, the majority of which is new capacity, exemplifies the value CCAs are providing as they spur the creation of green jobs and economic growth throughout California,” said Beth Vaughan, executive director of the California Community Choice Association (CalCCA). “Leveraging partnerships will continue to be a crucial piece of the clean energy transition as we look to increase grid resilience and reliability.”

The CCAs have selected a combination of generation sources that complement each other to support a reliable grid. Solar generation is plentiful during the day, and wind generation peaks in the evening. The addition of battery storage to the solar projects will provide clean energy to the grid during evening peak hours, when solar generation is low and electricity demand is high.

“Central Coast Community Energy has made important strides accelerating the deployment of renewable energy in a reliable and fiscally responsible way on behalf of its Central Coast customers by partnering with SVCE to further improve our purchasing power of large-scale, long-term renewable energy and storage,” shares Tom Habashi, CCCE CEO. “Bringing these new projects online helps our agency add a total of 373 MW of solar and wind energy and 52.5 MW of energy storage to our portfolio and reduce the demand for evening fossil fuel use in California.”

“While delivering on our commitments to provide clean energy to our communities, we also wanted to make a difference beyond our service area and create new opportunities to reduce emissions statewide. SV Clean Energy has now signed nine contracts for brand new clean energy projects that are bringing jobs and economic benefits to the regions where these projects are being built,” said Girish Balachandran, SVCE CEO. “Taking a joint approach has allowed us to have an even larger impact on the California grid and SVCE will continue to strive for an affordable, resilient, and reliable grid.”

The CCA’s joint procurement efforts have offered multiple benefits, including shared risk mitigation and greater negotiating power resulting in cost savings that are ultimately passed onto customers. Central Coast Community Energy and SVCE have signed 12 power contracts together, for a total of 1,470 MW and $2.77B committed.

Tags: California, Central Coast Community Energy, Kern County, Silicon Valley Clean Energy, utility-scale

Source: https://solarbuildermag.com/news/two-california-aggregators-sign-joint-contracts-for-778-mw-of-energy-generation/