During the next 45 days, according to a report, SCE will attach 33,000 solar panels to a 600,000-square-foot commercial roof in Fontana, Calif., leased from ProLogis. When completed, this first installation will be capable of generating 2 million watts of power, enough electricity to supply approximately 1,300 average Southern California households at a point in time. This new, clean power supply will be fed directly into the nearest neighborhood distribution circuit, strengthening grid reliability in the nation's fastest growing urban area, the Inland Empire region of Riverside and San Bernardino counties. SCE expects to connect the first panels to its grid in early September, which will help meet peak summer power needs.
First Solar, developer of an advanced thin-film photovoltaic technology, has been selected as the winning bidder in a competitive solicitation to supply the PV system for this first installation, the company said.
"First Solar's successful bid validated our cost forecast to regulators - SCE's solar energy project will significantly reduce the cost of installed photovoltaic generation in California," said SCE President John R. Fielder.
"We are pleased to work with Edison on a project we believe will demonstrate the solar PV system business model needed to dramatically reduce distributive solar electricity costs," said Michael J. Ahearn, CEO of First Solar. "Edison's project confirms the important role of PV solar power plants in delivering clean, affordable electricity to the nation's fastest growing urban areas."
Subject to regulatory approval, during the next five years SCE plans to install 3.5 million of the most advanced photovoltaic panels or 250 megawatts of solar generating capacity-enough capacity to serve approximately 162,000 Southern California homes. Decisions have not yet been made on other building sites or panel suppliers, it was reported.
SCE said it asked the California Public Utilities Commission on March 27 for approval to commit a total of $875 million to the utility's solar project, informing regulators the expected capacity cost per installed watt would be approximately $3.50, half the average current capacity cost of other photovoltaic installations. Subsequently, on May 8, SCE provided additional cost projections to regulators, telling them the utility forecasts an energy cost of approximately 20 cents per kilowatt-hour after adjusting for time of delivery.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
((Distributed via M2 Communications Ltd - http://www.m2.com))
http://www.10meters.com
Comments on this story may be sent to newsdesk@closeupmedia.com

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index