SunPower to build 100-Megawatt solar power plant for NV Energy

San Jose, USA - SunPower announced that it has signed a 20-year power purchase agreement with NV Energy to build a 100-megawatt solar photovoltaic (PV) power plant planned for construction in the Eldorado Valley of Boulder City, Nevada.

The project, called Boulder Solar, is expected to create approximately 200 jobs during construction, which is anticipated to commence before the end of 2015, with commercial operation planned in 2016. Once it is operational, the project is expected to generate enough electricity to serve the needs of more than 15,000 homes, based on estimates provided by the Solar Energy Industries Association.

SunPower acquired the project from KOMIPO America, Inc. earlier this year. KOMIPO America is a wholly-owned subsidiary of Korea Midland Power Co., Ltd and was the original lead developer for the Boulder Solar project. KOMIPO America will participate in the construction and operation of the project. The power purchase agreement with NV Energy is subject to approval from Nevada's Public Utilities Commission. SunPower expects to offer the Boulder Solar project for sale to 8point3 Energy Partners LP (Nasdaq: CAFD), the YieldCo joint venture formed by SunPower and First Solar.

At the site, SunPower plans to design and build a SunPower

Source: IWR Online, 27 Jul 2015