Could 3 (Renewables Now) – Recurrent Vitality LLC, a part of Canadian Photo voltaic Inc (NASDAQ:CSIQ), mentioned at present that the Louisiana Public Service Fee (LPSC) has cleared the facility buy settlement (PPA) for a 98-MW photo voltaic undertaking within the northeastern a part of the state.
Particularly, the fee has greenlit the contract for the Bayou Galion photo voltaic undertaking positioned in Morehouse Parish that has a direct present (DC) capability of 132 MW. The plant is predicted to be up and operating in 2024.
The undertaking is a part of 1803 Electrical Cooperative’s recently-approved energy technology portfolio of 343 MW to provide vitality to 5 rural electrical cooperatives for the subsequent 20 years.
“1803 adopted the entire fee guidelines and performed a aggressive RFP, whereby 31 bidders put forth 197 qualifying provides,” mentioned LPSC chairman Craig Greene.
As of end-2021, Louisiana had about 200 MW of put in photo voltaic capability.