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Released June 01, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--PG&E Corporation (NYSE:PCG) (Oakland, California) recently called for proposals to develop 176.5 megawatts (MW) of new, utility-based solar capacity for California. As part of the Green Tariff Shared Renewables (GTSR) Program established by the California Public Utilities Commission (CPUC), the initiative allows Californians to purchase either half or all of their electricity from a utility-scale solar project, instead of installing solar panels at their home or business. Industrial Info is tracking more than $23 billion worth of active solar power-generation projects already in development across California, about $16.2 billion of which is attributed to grassroot projects.
Click on the image at right for a graph detailing the top 10 parent companies for solar power-generation projects across California, by total investment value.
PG&E's solicitation for bids started May 16 and ends June 16; eligible projects must have capacities of between 0.5 and 20 MW and must be built within the utility's service territory. Californians who take advantage of the program will purchase their energy from a pool of PG&E-backed solar projects in Northern and Central California. This effort joins California Governor Gavin Newsom's (D) plans to expedite the construction of long-delayed infrastructure projects, including many renewable-energy projects. For more information, see May 23, 2023, article - Cleaner, Greener and Sooner: California Governor Has a Plan to Expedite Infrastructure Construction.
While the bulk of California's active and proposed solar projects are in the southern regions, which include hot areas like the Mojave Desert, PG&E's plan is set to bolster solar projects elsewhere in the Golden State. Projects underway in Central California include Energias de Portugal S.A.'s (EDP) (Lisbon, Portugal) Scarlet Solar Energy project in Tranquillity, which includes a $500 million initial phase and a $200 million unit addition.
The initial phase includes a 400-MW solar plant, which will utilize photovoltaic (PV) panels provided by Canadian Solar (NASDAQ:CSIQ) (Guelph, Ontario), and a 40-MW battery energy-storage system (BESS). Construction on these components began in May. The unit addition, which comprises 200 MW of additional solar generation, is expected to begin construction following the completion of the initial phase. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports on the initial phase and unit addition.
NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) already is working with PG&E to develop BESS projects to reinforce transmission and distribution (T&D) networks across California. Efforts under construction include the $305 million Resurgence Solar Station in Boron, which will feature a 138-MW solar plant and a 115-MW BESS unit. The project is set to wrap up this summer. Subscribers can learn more from Industrial Info's project report.
Golden State Clean Energy LLC (Newport Beach, California) is expanding its Westlands Solar Park in Stratford via a $270 million addition and a $165 million addition, both of which are under construction and are set to be completed in the first quarter of 2024. They are expected to add 250 and 150 MW of capacity, respectively, to the existing 250-MW facility. Subscribers can read detailed reports on the 250-MW and 150-MW projects.
Pacific Gas and Electric Company, the utility unit of PG&E, told investors in May that it plans to spend about $52 billion on capital projects over the 2023-2027 period, which would be about $13 billion (or 33%) more than the $39 billion it invested over its prior five-year capital program. For more information, see May 10, 2023, article - California Utility Reports Higher Earnings, Plans More Capital Spending.
Subscribers to Industrial Info's GMI project and plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active or proposed solar projects across California.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 parent companies for solar power-generation projects across California, by total investment value.PG&E's solicitation for bids started May 16 and ends June 16; eligible projects must have capacities of between 0.5 and 20 MW and must be built within the utility's service territory. Californians who take advantage of the program will purchase their energy from a pool of PG&E-backed solar projects in Northern and Central California. This effort joins California Governor Gavin Newsom's (D) plans to expedite the construction of long-delayed infrastructure projects, including many renewable-energy projects. For more information, see May 23, 2023, article - Cleaner, Greener and Sooner: California Governor Has a Plan to Expedite Infrastructure Construction.
While the bulk of California's active and proposed solar projects are in the southern regions, which include hot areas like the Mojave Desert, PG&E's plan is set to bolster solar projects elsewhere in the Golden State. Projects underway in Central California include Energias de Portugal S.A.'s (EDP) (Lisbon, Portugal) Scarlet Solar Energy project in Tranquillity, which includes a $500 million initial phase and a $200 million unit addition.
The initial phase includes a 400-MW solar plant, which will utilize photovoltaic (PV) panels provided by Canadian Solar (NASDAQ:CSIQ) (Guelph, Ontario), and a 40-MW battery energy-storage system (BESS). Construction on these components began in May. The unit addition, which comprises 200 MW of additional solar generation, is expected to begin construction following the completion of the initial phase. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read detailed reports on the initial phase and unit addition.
NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) already is working with PG&E to develop BESS projects to reinforce transmission and distribution (T&D) networks across California. Efforts under construction include the $305 million Resurgence Solar Station in Boron, which will feature a 138-MW solar plant and a 115-MW BESS unit. The project is set to wrap up this summer. Subscribers can learn more from Industrial Info's project report.
Golden State Clean Energy LLC (Newport Beach, California) is expanding its Westlands Solar Park in Stratford via a $270 million addition and a $165 million addition, both of which are under construction and are set to be completed in the first quarter of 2024. They are expected to add 250 and 150 MW of capacity, respectively, to the existing 250-MW facility. Subscribers can read detailed reports on the 250-MW and 150-MW projects.
Pacific Gas and Electric Company, the utility unit of PG&E, told investors in May that it plans to spend about $52 billion on capital projects over the 2023-2027 period, which would be about $13 billion (or 33%) more than the $39 billion it invested over its prior five-year capital program. For more information, see May 10, 2023, article - California Utility Reports Higher Earnings, Plans More Capital Spending.
Subscribers to Industrial Info's GMI project and plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active or proposed solar projects across California.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
