Capital Dynamics, 8minute Solar Energy complete 121MW PV project in California
PV Tech | October 16, 2019
Independent global private asset management firm Capital Dynamics and US-based independent solar and storage developer 8minute Solar Energy have completed the 121MW Springbok 3 Solar Farm. Springbok 3, now operational, is the third and final phase in the Springbok cluster, which is a 448MW installation located in Kern County, California. This phase includes a 1.5 MWh LiIon system battery, the first battery system used at a Capital Dynamics solar site. Capital Dynamics acquired a majority interest in the project from 8minute back in September 2018. Springbok 3 has already signed off on a long term PPA with the Southern California Public Power Authority (SCPPA) on behalf of its participating member, the Los Angeles Department of Water and Power (LADWP). During the construction phase of Springbok 3, an estimated 850 direct and 1,100 indirect jobs were created for workers from the surrounding local communities. The 121MW site will generate enough clean solar energy to power over 150,000 Los Angeles households annually.