First Wind nails 320MW PV deal
US renewable energy company First Wind has finalized four 20-year power purchase agreements with Rocky Mountain Power for the 320MW Four Brothers solar development in southern Utah.
The project includes four separate fully permitted 80MW project sites in Beaver and Iron counties.
“These additional long-term contracts with Rocky Mountain Power will enable us to move forward quickly with what will be the largest solar development in Utah, and our largest solar project to date,” said First Wind CEO Paul Gaynor.
“When combined with our nearby Milford Wind project and Seven Sisters projects, we will have a capacity to generate nearly 650MW of clean electricity while serving as a source of major economic activity for southern Utah through good construction jobs and significant local tax revenues.”
Rocky Mountain, a division of PacifiCorp and part of Berkshire Hathaway Energy, made the purchase in connection with its obligation under the federal Public Utility Regulatory Policies Act, or PURPA.
With the start of major construction slated to begin in 2015 and a target completion date in 2016, the projects will create about 500 construction jobs, said First Wind.
In addition, approximately $66m in direct property and income taxes will be generated by the project over 20 years.
Image: Rocky Mountain Power will buy solar-generated electricity (First Wind)