First Wind, Idaho Power Co. sign energy agreement

Wind-farm PEPWR

The Idaho Public Utilities Commission has approved Energy Sale Agreements with five proposed First Wind solar projects and the Idaho Power Co.

Under the agreement, Idaho Power Co. will purchase energy produced at the five 20-MW projects under a 20-year power purchase agreement.

The projects, totaling 100-MW, are spread across southern Idaho in Ada, Elmore, Owyhee and Power counties.

“These five projects will deliver clean, renewable solar energy to homes and businesses in Idaho at a cost-competitive price,” said Paul Gaynor, CEO of First Wind. "The new long-term contracts with Idaho Power Company will enable us to move forward quickly and create a source of major economic activity for Idaho through good construction jobs and significant local tax revenues.”

Each project is expected to be completed by the end of 2016.

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