Through a long-term power purchase agreement, SunPower will be able to operate and generate electricity to the utility company through 2016. Additionally, the company expects the new solar project to create at least 350 jobs in the area.
Experts believe the local economy in Henrietta, California, will see a boost of $73 million and impact the tax revenue by $3.8 million from the solar power project.
"With more than 5.8 gigawatts of operating solar systems worldwide, SunPower designs and builds solar power plants to leverage the company's proven experience and our technology's outstanding power-producing performance," Executive Vice President of SunPower Jorg Heinemann said. "SunPower customers rely on the cost-competitive, emission-free power and long-term return on investment that our systems deliver."
The new site will spread across roughly 670 acres in Henrietta, and will have the power to generate enough electricity for 22,000 homes in the region. According to The Blaze, with cheaper solar photovoltaic panels for utility companies to invest in, more businesses are seeing a high return on investment with renewable energy solutions.
Additionally, the world is expected to have 1.2 percent of its total electricity consumption from solar power by the end of 2040, the source reported. For the SunPower solar plant in Henrietta, the company will use new technology that allows the PV panels to be cleaned robotically.
Having the robotic cleaning technology will improve system performance by 15 percent and will use 75 percent less water than traditional solar power cleaning methods.
More information on new solar power technology can be found on PennEnergy's research area.