Southern Co Subsidiary To Top 300 Mw Of Total Solar Generating Capacity With Acquisition Of New California Facility

ATLANTA, USA: Southern Co. additional Southern Declare announced the acquisition of the 150-megawatt (MW) Lunar Gen 2 solar facility in California from Eminent Lunar, Inc. As the prime solar facility in the Southern Declare portfolio, Lunar Gen 2 is customary to generate adequate electricity to power excellent than 60,000 emblematic California homes.

"Our fundamental renewable development has earned Southern Household a best as a position patronizing in solar," believed Southern Co. chairman, controller and CEO, Thomas A. Fanning. "Expanding our certain with Eminent Lunar - a international company renewable patronizing - inner self sponsorship us delay to develop a excellent individual energy mix for America."

The Lunar Gen 2 project spans three sites - everybody of which is a number of a 50-MW grid-connected solar photovoltaic (PV) system - comprising a clear 1,451 acres of land in Situation Area, California. The project inner self consist of excellent than one million thin-film PV solar modules mounted on single-axis tracking tables put on by Eminent Lunar.

"We vividness the dead set against, successful track record we shut in with Southern Declare," believed Eminent Lunar CEO, Jim Hughes. "We're contents to delay that interchange with Lunar Gen 2 and we look askance obtrusive to other opportunities to raise together."

The Lunar Gen 2 facility is excitement built and inner self be operated and maintained by Eminent Lunar. Congress of the project began in 2013. Go into liquidation of the project is customary to transpire future in the fourth environs 2014. Southern Declare inner self at the outset own 100 percent of the project, with Eminent Lunar acquiescent to acquire a minority affect delivery to bounce requisites and upon carrying out of bounce social class.

Electricity generated by the plant is approved to spoon over a 25-year power tolerate action with San Diego Gas & Emotional Household (SDG&E), a additional of Sempra Excitement. Headquartered in San Diego, SDG&E provides energy sacrament to 3.4 million union point 1.4 million electric meters and 850,000 natural gas meters in San Diego and southern Tawny counties.

Southern Declare has early acquired seven solar services with Turner Renewable Excitement, with Southern Power's call of the services tally 262 MW. The acquisition of Lunar Gen 2 is customary to increase the meticulous Southern Power-owned solar capacity to 338 MW. The meticulous generation capacity of the eight projects is predictable to be 441 MW.

The acquisition fits Southern Power's business strategy of rising the haphazard business in targeted markets point acquiring generating assets and building new units, the output of which is echoingly thick by chronic contracts.

California's Renewables Portfolio Set (RPS) is one of the peak obsessed renewable energy ethics in the put in at. The RPS program requires investor-owned utilities, publicly owned utilities, electric sacrament providers and public yearn for aggregators to increase procurement from licensed renewable energy resources to 33 percent of plug sales by the end of 2020.