Abengoa Gets Approval For Electricty Purchase Arrangement With PG&E

The California Public Utilities Commission on November 10 approved Abengoa Solar’s power purchase agreement with Pacific Gas and Electric for the electricity to be produced at Abengoa’s Mojave Solar Project near Hinkley.

The Mojave Solar Project is a 280 megawatt gross parabolic trough plant. Construction on the project has begun and the solar field, near Harper Dry Lake, will come online in 2014. Abengoa received a conditional $1.2 billion federal loan from the Department of Energy in June,

The project had obtained all of its required construction and operating permits previously and ratifying the power purchase agreement was the final milestone the company, which is based in Spain, needed to achieve full financing to complete the project. The 1,765 acre project will provide power sufficient for as many as 80,000 households once it is completed.

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