TEP Signs Record-Low Solar-Plus-Storage PPA: How Might the Economics Work?

by Ravi Manghani

On May 22, Tucson Electric Power announced a solar-plus-storage contract with an affiliate of Nextera Energy Resources for what appears to be an impressively low solar-plus-storage PPA $0.045/kWh. This analyst perspective is available to subscribers to GTM Research's Energy Storage Service. To learn more, please contact storagesubscription@gtmresearch.com.

 

Ravi Manghani Director, Energy Storage

Ravi is the Director of Energy Storage at GTM Research, where he focuses on global energy storage markets and value chain analysis. As an industry expert, Ravi has been quoted in various publications including New York Times, Wall Street Journal, Washington Post, Forbes, Bloomberg, Christian Science Monitor, Wired, and Verge.

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