Salt River Project (SRP), Arizona State University (ASU) and SunPower Corp. (NASDAQ: SPWR) today announced an agreement to build a 1-megawatt solar photovoltaic power plant at ASU’s Polytechnic campus in Mesa, Ariz. The 1-megawatt facility will be the first commercial deployment of SunPower® C7 Tracker technology, a solar photovoltaic tracking system that concentrates the sun’s power seven times designed to achieve the lowest levelized cost of electricity (LCOE) for solar power plants available today.
SunPower is engineering and constructing the plant on the southeast corner of the ASU Polytechnic campus, and will operate and maintain it. Under a purchase-power agreement, SRP will buy the entire output of the solar plant from SunPower and, in a separate agreement, ASU will purchase all of the energy attributable to the plant for use at its Polytechnic campus. The plant is expected to produce an amount of energy equal to that needed to serve about 225 SRP customers’ homes, will require minimal water use, and supports ASU’s renewable energy goals. Construction of the plant is contingent on a number of factors, including receipt of all applicable permits.