The Rancho Seco Solar Project is sited on property owned by the Sacramento Municipal Utility District (SMUD), which holds a 20-year power purchase agreement for output from the plant. Rancho Seco uses First Solar’s advanced thin film modules mounted on single-axis tracking tables.
Rancho Seco is expected to provide energy for SMUD’s commercial SolarShares program. Through the program, the Golden 1 Center, the future home of the Sacramento Kings, will obtain approximately 85 percent of its power from Rancho Seco. An affiliate of DESRI acquired from First Solar the 31-MW Portal Ridge solar project currently under construction.
“We are pleased to build on our relationship with DESRI through this sale,” said Brian Kunz, First Solar’s Vice President of Project Development. “DESRI’s commitment to renewable solar energy represents a tremendous opportunity for a continued strategic partnership.”