California aggregator signs 20-year geothermal power PPA with Open Mountain Energy

Think GeoEnergy

California-based Community Choice Aggregator (CCA) Peninsula Clean Energy has signed a 20-year power purchase agreement (PPA) for 6 MW of geothermal power from Open Mountain Energy (OME). The power will come from the Whitegrass No. 2 project being developed by Open Mountain Energy in Lyon County, Nevada.

OME is a subsidiary of Kaishan Group which owns, develops, and operates geothermal energy projects in the U.S. The Whitegrass No. 2 project is expected to start supplying power by mid to late 2023.

The announcement of Peninsula Clean Energy comes amidst the signing of similar agreements with other renewable energy supplies such as a 15-year contract with a hydroelectric project and a 3-year contract with a wind power project. The CCA had also previously signed a 15-year PPA with Ormat Technologies Inc. for 26 MW of clean energy from the Heber 2 geothermal facility.

Read more here: California aggregator signs 20-year geothermal power PPA with Open Mountain Energy (thinkgeoenergy.com)