SFA Continues Expanding Solar Portfolio

Solar Frontier Americas (SFA), the U.S. renewable energy business of Japanese petroleum company Idemitsu Kosan Co., has further expanded its power generation portfolio with the acquisition of a 50.5 MW solar project from CS Solar, a joint venture company of Samsung Solar Energy.

The project is sited in Stanislaus County, Calif., southeast of San Jose. Power will be supplied to Silicon Valley Power, a nonprofit municipal utility in Santa Clara, Calif., through a power purchase agreement.

Construction on the Central 40 solar project is expected to begin in 2020. It will come online later that year. Solar Frontier Americas will be the long-term owner and operator.

“Samsung Solar Energy is pleased to sell this project, which we developed with Coldwell Solar, to an organization with the utility-scale development expertise and power generation management capabilities of Solar Frontier Americas,” says Seung-gul Lee, president and CEO of Samsung C&T America Inc., a parent company of Samsung Solar Energy.

This month, SFA also acquired a Colorado solar project from GCL New Energy. In December, the company purchased another California solar facility from Recurrent Energy, a subsidiary of Canadian Solar.

The post SFA Continues Expanding Solar Portfolio appeared first on Solar Industry.

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