The Sacramento Municipal Utility District (SMUD) made an exciting announcement today, revealing that it has signed its first feed-in tariff contract for 60MW of solar PV projects with Recurrent Energy.
The nation’s sixth largest publicly owned utility, SMUD is widely recognized as a leader in innovative approaches to energy efficiency and renewables. Their renewable feed-in tariff program was introduced earlier this year for qualifying renewable and combined heat and power facilities.
The contracts comprise twelve individual five-megawatt (MW) projects located in southern Sacramento County. With this announcement, Recurrent Energy’s contract portfolio has now expanded to over 330MW of projects with signed power offtake agreements and viable interconnections.
I’m proud of the job our development team did responding to SMUD’s solicitation for proposals. They came up with a clever siting strategy and worked long hours to get all twelve projects over the finish line to meet the program deadline for applications.
I’m also thrilled that we’re playing a part in working with SMUD–long a leader in solar–to take an historic and important step forward as the first large utility on track to meet California’s 20% renewable standards.