Recurrent Energy, a solar project developer, has announced the commercial operation of the final of four solar photovoltaic (PV) projects, providing a total of 88 MW to the Sacramento Municipal Utility District (SMUD) under a 20-year feed-in tariff.
The first three projects in the SMUD portfolio reached commercial operation earlier this year, and all four solar PV projects are located in Sacramento County near the cities of Galt, Elk Grove and Sloughhouse, Calif. The final project is 38 MW.
The 88 MW solar PV project portfolio secured a significant investment in December 2011 from Google and SunTap Energy RE LLC, a venture formed by Kohlberg Kravis Roberts & Co. LP to invest in solar projects in the U.S.