US-headquartered SunEdison, Inc has signed solar power purchase agreements (PPAs) with 25 California elementary, middle, and high schools with the company planning to install solar parking canopies at each of the campuses.
The solar systems are expected to generate enough energy to offset more than half of all electricity used at each school.
Solar parking canopies provide shade for vehicles and solar energy and the schools expect to save more than $30 million on energy costs over the next 20 years as a result of the deal.
The five unified school districts – Dixon, Downey, Duarte, Livermore, and Newman Crows Landing – signed 20-year PPAs with SunEdison for more than 7.4 MWp of power. The schools have no up-front cost as SunEdison installs, owns, and operates each system while the schools buy the solar electricity at lower rates than offered by their local utility.
SunEdison intends to complete the solar parking canopies in 2016.