[CPEO-MEF] ENERGY: China Lake (CA) solar array

[Lenny Siegel <lsiegel@cpeo.org>]

13.78-Megawatt SunPower Solar Power Plant at NAWS China Lake Begins  
Operations, Expected To Reduce Costs by $13 Million
Project Financed Through First 20-Year Federal Government Solar Power  
Purchase Agreement - A Replicable Model for Delivering Savings to  
Federal Agencies

Sacramento Bee
October 19, 2012

SAN JOSE, Calif., Oct. 19, 2012 -- /PRNewswire/ -- In a dedication  
ceremony today attended by Acting Assistant Secretary of the Navy  
Roger Natsuhara, SunPower Corp. (NASDAQ: SPWR) announced the  
completion of the largest solar system in the US Navy, a 13.78- 
megawatt (DC) solar photovoltaic (PV) power system at Naval Air  
Weapons Station China Lake (NAWS China Lake) in Calif. Using  
SunPower's high-efficiency, Buy American-compliant solar panels, the  
plant is generating the equivalent of more than 30 percent of China  
Lake's annual energy load, helping to reduce costs by an estimated  
$13 million over the next 20 years.

Using a long-term energy procurement authority (US Code Section  
2922A), the power plant is the first federal agency project to be  
financed through a 20-year term solar power purchase agreement (PPA).  
The 20-year PPA requires no upfront capital or maintenance  
obligations from the Navy, matches conventional project financing  
terms for solar power facilities, and allows the Navy to secure  
electricity at up to 30 percent below the rate available through  
shorter duration 10-year PPAs.

...

For the entire release, see
http://www.sacbee.com/2012/10/19/4925182/1378-megawatt-sunpower-solar- 
power.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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