1. Los Angeles & 8minute Solar Announce 25-Year PPA At Under 2 Cents Per kWh!

    Los Angeles & 8minute Solar Announce 25-Year PPA At Under 2 Cents Per kWh!

    If approved, Los Angeles will enter into a 25-year power purchase agreement for 400 MW AC/530 MW DC of solar electricity at a price of 1.997 cents per kWh — the lowest price yet for solar power in the US. Adding a 100 MW/200 MWh battery will cost an additional 1.3 cents per kWh. The project includes the option to add 50 MW/200 MWh of energy storage for 0.665 cents per kWh more. The project will be built in two 200 MW AC phases. In the second phase, the size of the battery storage component may double.

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