rPlus Energies secures PPA with Idaho Power
November 13, 2024
Renewable energy development company rPlus Energies has finalised a long-term power purchase agreement (PPA) with distribution company Idaho Power for its 125MW Pleasant Valley Solar 2 facility located in Ada County of Idaho, US.
This facility is a continuation of the 200MW Pleasant Valley Solar 1 project currently under construction. Idaho Power also holds a PPA for the 200MW Pleasant Valley Solar 1 with rPlus Energies, making Pleasant Valley Solar the largest contracted solar facility within the Idaho Power system.
Both projects will supply renewable energy to Idaho Power’s grid and support Meta, a technology company, to operate its data centre in Kuna, Idaho, using 100% renewable energy.
Meta clean and renewable energy global head Urvi Parekh said: “We’re excited to expand our work with Idaho Power and rPlus Energies to add new renewable energy to the Idaho grid with Pleasant Valley Solar 2. Efforts like these are important as we continue to support our operations with 100% clean and renewable energy.”
The Pleasant Valley Solar project is part of Idaho Power’s Clean Energy Your Way – Construction Program. This initiative offers businesses a pathway to achieve their sustainability and carbon emission reduction targets.
rPlus Energies president and CEO Luigi Resta said: “We’re excited to be partnering again with Idaho Power and Meta on Pleasant Valley Solar 2.
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“Strong partnerships make all stages of development and construction smoother, and we certainly have that with these two. We look forward to breaking ground in the coming months and contributing another significant project to Idaho’s renewable energy landscape.”
Pleasant Valley Solar 2 is expected to provide economic benefits to the local community. The project plans to work with numerous local vendors, enhancing revenue in the region, and is anticipated to create approximately 200 construction-related jobs.
Pleasant Valley Solar 1, which is now primarily owned by Matrix Renewables, is expected to commence commercial operations in early 2025.
The key investors and commercial partners of Pleasant Valley Solar 1 have raised $123,000 for the Local First and Energy First scholarships. These funds aid Ada County students attending Boise State University and the College of Western Idaho.
The initiative to support education and workforce development is expected to continue with the development of Pleasant Valley Solar 2.
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