(Source: Datamonitor)
Martifer Solar and Silverado Power have signed power purchase agreements, or PPAs, with Southern California Edison, or SCE, for 113MWp of solar photovoltaic projects.
These joint-venture projects, slated for completion in 2013, are primarily in Los Angeles County, and are forecasted to supply clean power to homes via a 20 year contract with Southern California Edison (SCE), Silverado said.
"This is an important milestone for Martifer Solar, since it will allow us to significantly expand our photovoltaic portfolio in a market with great growth potential," said Henrique Rodrigues, CEO of Martifer Solar.
The 113 MWp agreements consist of nine projects within close proximity to major utility lines in Southern California. The deal is part of a growing portfolio of over 400 MW of utility-scale projects in development for Martifer Solar and Silverado Power within the US, the company added.
A service of YellowBrix, Inc.