The University of California announced today (Sept. 8) that it will make the largest solar energy purchase by any U.S. higher education institution to help power its campuses and medical centers more sustainably. UC signed two Power Purchase Agreements (PPAs) with Frontier Renewables, a power provider focused on solar photovoltaic technology. The agreements secure solar energy for UC for 25 years, and will allow the university to supply 206,000 megawatt-hours per year (MWh/year) of solar energy to California’s electrical grid.
University of California System Makes Largest Solar Energy Purchase in US
The University of California system, to help power its campuses, has made one of the largest solar energy acquisitions in the country by any higher education institution.
The two Power Purchase Agreements (PPAs) signed with Frontier Renewables will provide solar energy to UC for 25 years. At the same time, the University will supply 206,000 megawatt-hours per year (MWh/year) of solar energy to California’s electrical grid.
Since becoming a registered Electric Service Provider, the University’s Wholesale Power Program supplies electric power to five of the state’s 10 campuses – UC Irvine and its medical center, UC Merced, UC San Diego and its medical center, UC San Francisco and its medical center, and UC Santa Cruz.
The University of California announced yesterday that it will make the largest solar energy purchase by any U.S. higher education institution to fulfill 60% of the energy needs on five campuses and three medical centers.
UC signed two Power Purchase Agreements with Frontier Renewables to secure the renewables energy for a 25 year period. The agreements will help the University meet its goal to make UC the first research university to achieve carbon neutrality by 2025 for all UC’s 10 campuses and five medical centers.
“As a national leader in sustainability, the University of California is taking on bold, new goals and transforming our approach to procuring and using energy in more sustainable ways,” said Napolitano. “Our partnership with Frontier Renewables will ensure that UC has a steady supply of cost-effective, climate-neutral electricity.”
Apple deal, tax change could spark corporate solar stampede
Apple Inc’s deal to buy nearly $1 billion of power from a massive First Solar Inc plant could be the first of a stampede of contracts driven by the looming change in a solar tax incentive that makes such projects particularly attractive.
Together with a sharp drop in the cost of solar power and corporate efforts to rack up green credentials, the expiring tax subsidies have large energy purchasers taking a hard look at buying solar under big long-term contracts.