BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT: Title
Authorize the Chief Executive Officer to Negotiate and Execute a Rate Agreement with the Power and Water Resources Pooling Authority for Development of the Almaden Campus Solar Carport 2 Project, at a Not-to-Exceed Rate of $203 Per Megawatt-Hour with 2% Annual Rate Escalation (San Jose, District 4).
End
RECOMMENDATION: Recommendation
Authorize the Chief Executive Officer to execute a Rate Agreement with the Power and Water Resources Pooling Authority for the development of the Almaden Campus Solar Carport 2 Project at a not-to-exceed rate of $203 per megawatt-hour in year one (1), with 2% annual rate escalation.
Body
SUMMARY:
Santa Clara Valley Water District (Valley Water) recognizes the benefits of developing solar projects to help diversify Valley Water's energy portfolio and improve power resiliency. Onsite solar development is part of a broader strategy to enhance power resiliency and may be supplemented in the future with battery storage systems as battery technologies become more cost effective. In addition, solar projects constructed at Valley Water facilities will reduce or avoid utility transmission and distribution (T&D) charges and can directly offset electricity purchased from the utility grid at those facilities.
In January 2025, Valley Water released a Request for Proposals (RFP) through its joint powers authority (JPA), the Power and Water Resources Pooling Authority (PWRPA), to solicit proposals for the Almaden Campus Solar Carport 2 Project (Project). The project would install additional solar carport systems in the parking lots at the Almaden Campus.
Three solar developers responded to the RFP and White Pines Renewables (Solar Developer) was selected as the highest ranked proposer. The proposed project includes the installation of two (2) new solar carport structures in the parking lot no...
Click here for full text