18.02.2013: The Los Angeles Department of Water and Power (LADWP), the largest public utility in the US, said its FIT program received applications for 107 MW of potential solar projects during its opening week. On February 1, LADWP began accepting applications for the first 20 MW allocation of its 100 MW FIT program. The scheme is open to renewable energy projects ranging in size from 30 kW to 3 MW. Approved in January by the Board of Water and Power Commissioners, the LADWP FIT Program allows customers, solar companies and other third parties to develop solar or other eligible renewable energy projects within LADWP’s service territory and sell all the power to LADWP at a set price. The FIT applications submitted so far include 2 MW of capacity for 22 small-scale solar projects ranging in size from 30 to 150 kW, and 105 MW for 76 larger projects ranging from 151 kW to 3 MW. Contracts for the first 20 MW will be awarded over the next five months. These first projects will receive 17¢ per kWh for 20 years. Subsequent 20 MW allocations will be made available every six months through 2016 until the full 100 MW is subscribed. The FIT will decline after each new 20 MW block is reserved. Source: Los Angeles Department of Water and Power http://www.ladwp.com http://www.ladwpnews.com/go/doc/1475/1700739/ The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/74048.pdf | 
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