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Google-Backed 104 MW Solar PV Facility Comes Online In Utah

Monday, Jan 04 2016

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Solar in the News

Norway-based Scatec Solar ASA said it has commissioned its 104 MW solar PV plant in Parowan, Utah, more than doubling the state’s installed PV capacity. Utah in 2014 had 39 MW of installed solar capacity, according to the Solar Energy Industry Association. Scatec said it completed construction on the Utah Red Hills Renewable Park in less than a year. According to the company, the total investment for the plant is $188 million, with Google providing tax equity, Prudential Capital Group providing debt financing, and Scatec Solar providing sponsor equity. The power plant will be wholly owned by a joint partnership between Google and Scatec Solar. The company has a 20-year power purchase agreement with PacifiCorp subsidiary Rocky Mountain Power for the facility.