17 Apr '12, 1pm

Silverado Power Advances Its New Idea for Building Solar: California’s recently enacted Renewable Auction Mech...

Silverado Power Advances Its New Idea for Building Solar: California’s recently enacted Renewable Auction Mech...

California’s recently enacted Renewable Auction Mechanism (RAM) is bearing fruit in the state’s southern deserts thanks to Silverado Power's embrace of the distributed generation (DG) concept for solar energy development. The California Public Utilities Commission created the RAM program to drive utilities to procure more distributed renewable energy generation projects of twenty megawatts or less as part of the state’s 33 percent by 2020 standard. It established a regulated auction in which developers bid to sell at their lowest price and, because such DG relies largely on existing transmission and distribution infrastructure, the CPUC also streamlined the interconnection queuing process. Six new solar projects from Silverado Power (SP) have won power purchase agreements (PPAs) with California utilities Southern California Edison (SCE). Pacific Gas and Electric (PG&E) and...

Full article: http://www.greentechmedia.com/articles/read/silverado-pow...

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