PECO is reopening its aggressive request for proposals (RFP) to obtain long-term renewable vitality, capability and related photo voltaic photovoltaic different vitality credit from new photo voltaic initiatives in Pennsylvania. The RFP, authorized by the Pennsylvania Public Utility Fee, is designed to assist the continued enlargement of solar energy era throughout the state.
PECO
By way of this RFP, PECO will enter into fixed-price energy buy agreements (PPAs) by June 2026 for photo voltaic photovoltaic initiatives that ship vitality, capability and SPAECs over a 10-year time period. To qualify, initiatives ought to have an anticipated in-service date on or earlier than Could 31, 2029. After an preliminary procurement this previous summer season, PECO is now inviting photo voltaic builders to take part on this RFP prolonged to spring 2026.
PECO will settle for proposals for a shared proportion of initiatives bigger than 25 MW, with a minimal challenge measurement of 5 MW. All initiatives should be linked to the PJM Interconnection grid and able to promoting vitality and capability into PJM markets. As well as, initiatives should qualify as Tier I photo voltaic Different Power Techniques beneath Pennsylvania’s Different Power Portfolio Requirements Act.
PECO and impartial evaluator NERA Financial Consulting will host a stay Bidder Information Webcast on November 19, at 1 p.m. ET to assist individuals perceive the procurement course of. The webcast will present an summary of the RFP construction, challenge eligibility necessities, PPA schedule and proposal submission course of.
Information merchandise from PECO
Trending Merchandise
