$100M for Sunpower Electricity at NAWS China Lake, CA
Jan 22, 2012 11:59 EST
At the end of September 2011, Sunpower Corp. in Richmond, CA, won a $100.3 million firm-fixed-price task order under a previous multiple-vendor award contract, for up to 30 years of electricity from a renewable energy generating system at Naval Air Weapons Station China Lake, CA.
Many consumers know Sunpower as one of the no money down firms that will install solar panels on your house. NAVFAC seems to be pursuing similar initiatives at Navy facilities. It’s government land, but Sunpower will build, own, and maintain the solar system under 10 U.S.C. 2922(a) authority…
Contracts & Key Events
Jan 18/12: Construction of a 13.78 megawatt SunPower solar system officially gets underway at Naval Air Weapons Station (NAWS) China Lake, CA. SunPower’s Oasis Power Plant is a fully-integrated, modular solar block consisting of 31,680 solar panels, and is expected to generate more than 30% of NAWS China Lake’s annual energy load.
“This is the largest solar project in the Navy,” said Assistant Secretary of the Navy for Energy, Installation and Environment Jackalyne Pfannenstiel. US Navy.
Sept 30/11: Contract announcement for the 118-acre solar farm. Work will be performed in China Lake, CA, and is expected to be complete by July 2032. This is welcome good news for Sunpower. Their stock has slid sharply since June 2011, recently falling through its previous 52-week low, and seeing a target price downgrade by Auriga Analysts. The US NAVFAC Specialty Center Acquisitions in Port Hueneme, CA received 12 proposals (N62583-10-D-0330, #0002).
