Monday, March 12, 2012

Reuters: Science News: First Solar to build new solar plant for NRG

Reuters: Science News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
First Solar to build new solar plant for NRG
Mar 12th 2012, 12:57

Mon Mar 12, 2012 8:57am EDT

(Reuters) - First Solar Inc will build a 26-megawatt solar power plant for power producer NRG Energy Inc in Arizona under the latest deal between two of the biggest players in the U.S. renewable energy sector.

NRG is the majority owner of the 290-megawatt Agua Caliente plant that First Solar is building near Yuma, Arizona, and the two companies previously teamed up on a 21-MW plant in Blythe, California, in 2009 and the 20-MW Road Runner plant in New Mexico last year.

The new plant, the Avra Valley solar project, will be built by First Solar and use the U.S. company's thin film panels mounted on a tracker that tilts the panels to follow the sun's arc, the companies said on Monday.

Financial details of the deal were not released.

It is expected to be completed by the end of 2012, and will sell its output to UniSource Energy Corp's Tucson Electric Power under a 20-year contract.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.