 |
The solar project is located in California's
San Luis Obispo County. Wikipedia/Basar
|
PV-Magazine: First Solar is in "definitive" agreements with MidAmerican Energy Holdings Company to sell its over USD$2 billion, 550 megawatt (MW) Topaz Solar Farm. The financial details have not been released. The news comes just a week after work finally got underway on the mammoth photovoltaic project, located in San Luis Obispo County, California, and three months after it was announced that it hadfailed to secure a Department of Energy loan guarantee. Marking its entry into the solar industry, MidAmerican Energy Holdings is said to be the number one owner of wind-powered energy generation among U.S. rate-regulated utilities."Adding solar energy to our generation portfolio is a strategic move to invest in yet another renewable energy source," commented Greg Abel, chairman, president and CEO. He continued, "This project also demonstrates that solar energy is a commercially viable technology without the support of governmental loan guarantees." Read Full: First Solar sells 550 MW Topaz solar project: pv-magazine
