LA & 8Minute Solar ink lowest cost solar-plus-storage deal in U.S. history

By Steve Hanley, CleanTechnica

The Los Angeles Department of Water and Power has signed a groundbreaking 25-year power purchase agreement with 8Minute Solar. The deal will make possible the largest municipal solar plus storage facility in the US. But the best part is the combined price for solar energy plus storage is just 3.3 cents per kilowatt-hour, the lowest ever in the US and cheaper than electricity from a natural gas powered generating plant.

The electricity will come from a massive solar power plant located on 2000 acres of undeveloped desert in Kern County, just 70 miles from the city. Known as the Eland Solar and Storage Center, it will be built in two stages of 200 MW each, with the first coming online in 2022 and the second phase scheduled to be switched on the following year.

Los Angeles DWP will take 375 MWac of solar power coupled with 385.5 MW/1,150 MWh of energy storage, according to PV Magazine. Neighboring Glendale Water and Power will take 25 MWac of solar plus 12.5 MW/50 MWh of energy. The electricity from Eland I and II is expected to meet between 6 and 7% of Los Angeles’ needs, according to PV Magazine.

The Eland Solar & Storage Center has been engineered by 8minute to provide fully dispatchable power under control of the LADWP to meet its customers’ demands with reliable and cost-effective power — a capability previously reserved for large fossil fuel power plants. Eland’s ability to provide fully dispatchable power for less than the traditional cost of fossil fuels effectively positions solar PV as an attractive candidate to be the primary source of California’s 100% clean energy future.

Read full article from CleanTechnica

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