Enlight Announces a Power Purchase Agreement for the Snowflake A Project in Arizona [Yahoo! Finance]
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Yahoo! Finance
renewable energy platform, announces that its U.S. subsidiary Clenera has signed a new power purchase agreement (“PPA”) with Arizona Public Service (“APS”) for its Snowflake A Project (“Snowflake A” or “the Project”). The busbar fixed price PPA encompasses the Project's 600 MW of solar generation capacity and 1900 MWh of energy storage availability, and is for a duration of 20 years. Snowflake A is located near Holbrook, Arizona, in the northeastern part of the state, an area with very high solar irradiation. The Project is in the final stages of pre-construction permitting, and assuming all necessary permits are obtained, is expected to reach ready to build (RTB) status in the third quarter of 2025 and commence commercial operation (COD) in mid-2027. The PPA provides that if a certain required permit is not obtained by March 1, 2025, Clenera is entitled to terminate the PPA without any material termination costs. “This marks a major steppingstone for Clenera and Enlight in Arizon
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News
- Arizona Corporation Commission reaffirms monthly APS fee for homeowners with solar panels [Yahoo! Finance]Yahoo! Finance
- Pinnacle West and APS Announce Leadership SuccessionBusiness Wire
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- Avantus Signs Power Purchase Agreement (PPA) with Arizona Public Service (APS) for Kitt Solar Project [Yahoo! Finance]Yahoo! Finance
- Pinnacle West (PNW) Up 3.6% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
PNW
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- 11/6/24 - Beat
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Sec Filings
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- 11/13/24 - Form SC
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