Analysis
Soitec's first solar power plant in California has been completed
Soitec unveil the Intersolar North America Conference that Soitec Solar Development has completed construction of the 1.5 MWAC Newberry Solar 1 project in San Bernardino County, California. Renewable power generated by Newberry Solar 1 will be sold to Southern California Edison under a 20-year power purchase agreement. It is the largest concentrator photovoltaic power plant in California, featuring Soitec’s latest and most efficient technology with modules manufactured in nearby San Diego.
“TThe Newberry Solar 1 power plant connects directly to Southern California Edison’s distribution network and will provide approximately 500 Southern California homes with clean, renewable energy while offsetting the emission of almost 2,300 tons of carbon dioxide each year.
The power plant uses Soitec’s fifth generation Concentrix™ CX-S530 CPV systems, designed as Soitec’s next step towards achieving a Levelized Cost of Electricity (LCOE) for utility-scale solar power plants in the sunniest regions of the world. With a module area of over 100 square meters (1,130 square feet), one Soitec CX-S530 generates a capacity of 28 kWp. The size of the system is optimized to deliver high performance while drastically reducing costs for manufacturing, installation and maintenance. The system utilizes 12 of the large Soitec CX-M500 modules and delivers an efficiency of 30 percent, about twice the efficiency of conventional photovoltaic panels.
The 720 CX-M500 modules used at Newberry Solar 1 were manufactured in Soitec’s new North American manufacturing headquarters in San Diego on fully automated assembly lines, ensuring high-precision manufacturing. The factory, commissioned in December 2012, is currently targeted to reach its full capacity of 280 MWp by October 2013, making Soitec the third largest solar module manufacturer in the U.S.
With installations in 18 countries around the world, Soitec’s CPV technology is proving its competitiveness to generate solar power, largely due to its higher production yields throughout the sunlight hours. In addition, CPV technology’s ability to operate without cooling water, withstand hot ambient temperatures and have minimal environmental impact make it perfectly suited for use in desert areas. Soitec is well positioned to expand quickly in the sunniest regions in the world, which are also the fastest growing market segments of the solar industry.