Recurrent Energy, California Utility in Solar Pact
Feb 4th, 2010 | By Editor | Category: Latest HeadlinesLOS ANGELES, Feb 2 (Reuters) – Solar power company Recurrent Energy said on Tuesday it signed long-term power contracts with California utility Southern California Edison for electricity generated by 50 megawatts of small-scale solar power systems.
Financial terms of the deal were not released.
The deal follows other moves toward small-scale solar power by utilities in California, which is the largest solar market in the United States and faces a state mandate to obtain a third of its power from renewable resources by 2020.
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