Today (11-5-2014) the most important SCE listing of winners and losers in the FINAL RAM 5 RFO were announced. In all categories they awarded 330.5 MW in this last RAM RFO that is approved by the CPUC.
For solar my calculations of the biggest total portfolio winners are:
- GCL-Solar Reserve 75MW
- Infigen Energy 55MW
- NexEra 60 MW
Twenty 0ne contracts of all types were awarded with 16 being solar. The leading companies in solar with offers were EDF Renewables with 10, Sustainable Power Group with 8, and GCL-Solar Reserve with 7. There were 53 offers that passed all screens for possible selection.
If you study the submission list you can easily determine the Real large solar developers in the CA market at this time. This is Advice Letter 3128-E and should appear on the SCE advice letter site in the next few days.
With regard to winning pricing, one should note that the continuing decrease in the TOU table pricing would make a winning bid in this RAM 5 offering worth less than the prior RAM 4 offering. The summer full capacity deliverability factor went from 2.77 to 2.64 for instance. Also groups had to consider the effects of tariffs on Chinese modules into the picture for their bid prices. Generally the rumor is that the high bids were limited to about $0.072/Kwh.
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