100 MW solar + 30 MW / 120 MWh BESS (Tucson area)
Record-low pricing: bundled <$0.045/kWh over 20 years. Solar portion was lowest US PPA price recorded at the time. NextEra used 30% ITC for both. Online by end of 2019.
$0
Deal Value
100MW
Capacity
Solar + Storage
Technology
AZ
Location
Deal Details
- Deal Type
- Power Purchase Agreement
- Seller / Sponsor
- NextEra Energy Resources
- Buyer / Financier
- Tucson Electric Power (TEP)
- Offtaker
- Tucson Electric Power (TEP)
- Deal Value
- Bundled <$0.045/kWh 20-year (solar <$0.03, storage ~$0.015)
- Stage
- Operating
- ISO/RTO
- WECC
- Source
- Utility Dive
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