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Mar 24th, 2014
 
Invenergy acquires shovel-ready Desert Green solar project from Soitec Solar Development
 
Soitec Solar Development, LLC (“Soitec”) announced that Invenergy Solar Development LLC (“Invenergy”) has acquired Soitec’s 7 MWp (5 MWAC) Desert Green Solar Farm LLC (“Desert Green”) energy generation project in Borrego Springs, California.
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Soitec CPV System CX-S530.
Soitec CPV System CX-S530.

Desert Green will be located approximately 90 miles from the City of San Diego, in northeastern San Diego County.  The project will feature more than 2,800 Soitec Concentrix™ concentrator photovoltaic (CPV) modules, which are manufactured at Soitec’s Rancho Bernardo factory.

Project construction is scheduled to begin this month, with commercial operations expected to commence by the end of 2014.  Power generated by Desert Green will be purchased by San Diego Gas & Electric (“SDG&E”) under a long-term agreement.  The facility will connect to SDG&E’s Borrego Springs substation.

In 2011, SDG&E entered into five PPAs for 155 MW with Soitec Solar Development. Desert Green is the first project to start construction within that PPA portfolio.   These SDG&E PPAs underpinned Soitec’s investment of over $150 million in its San Diego CPV module factory which to date has created over 250 jobs at Soitec’s Rancho Bernardo facility. 

The project is expected to create approximately 50 jobs during the peak of construction. In its first year of operation, the Desert Green solar project will generate enough clean energy to power nearly 2,000 homes in SDG&E’s service territory. The project will displace nearly 5,000 tons of carbon dioxide (CO2) per year, the equivalent of taking more than 1,000 cars off US roadways.

The energy will be produced using Soitec’s Concentrix 5th generation CPV dual-axis tracking technology.  The Soitec CX-S530 system is designed to improve the Levelized Cost of Electricity (LCOE) for utility-scale solar power plants in the sunniest regions of the world.  With installations in 20 countries around the world, Soitec’s CPV technology has proven to be the most efficient and environmentally friendly solar power generation technology.  It demonstrates unique cost competitiveness compared to other solar technologies, largely due to its higher production yields throughout the sunlight hours and lower construction and maintenance costs.  In addition, CPV technology’s ability to operate without cooling water, withstand hot ambient temperatures with minimal environmental impact make it perfectly suited for use in desert areas such as Borrego Springs, CA.

 

 
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