The 143.2 MWp Catalina Solar Project, was built on 1,100 acres of land in two phases with the first 60 MWp online at the end of 2012 and the remaining declared operational in August 2013. Located in California’s Mojave Desert, Catalina Solar is comprised of 82 MWp Solar Frontier and 61 MWp First Solar thin film photovoltaic modules. The project’s clean energy is provided to San Diego Gas & Electric Company (SDG&E) under a 25-year Power Purchase Agreement.
On May 19th, 2014, EDF Renewable Energy announced that TIAA-CREF, a leading financial services provider, acquired 50 percent of EDF Renewable Energy’s equity interest in the Catalina Solar project, subject to customary closing conditions.
EDF Renewable Energy will retain the remaining 50 percent stake in the project and continue to provide operations and maintenance services through its EDF Renewable Services affiliate.
Catalina Solar represents EDF Renewable Energy's largest utility-scale solar project to be developed in the U.S, and is the 6th largest photovoltaic plant* in the United States. The project builds upon both the company's extensive experience in Kern County as well our long-term relationship with SDG&E.
Catalina Solar will bring the total MW's under long-term agreements with SDG&E 343 MW, joining Oasis Wind (60 MW producing since 2004) and Pacific Wind (140 MW in development) both in Kern County.
Catalina Solar, will produce enough clean energy to power about 35,000 homes and will offset about 74,000 metric tons of greenhouse gas emissions, helping to improve overall air quality in California in line with the California's environmental mandates.
* reference: Bloomberg New Energy Finance