Shining some light on record-low PPA prices in the southwest U.S.

NV Energy, a Nevada investor-owned utility (IOU), signed a power purchase agreement (PPA) with First Solar for a record low price of $38.70/MWh on the planned 100 MW Playa Solar 2 project. The PPA has a built-in, yearly 3% price escalation over the 20-year term. This price is a significant drop f...

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