First Solar acquires 50 MW PV project from Element Power31. January 2013 | Applications & Installations, Industry & Suppliers | By: Becky Beetz
First Solar Inc. has acquired Element Power’s 50 MW Macho Springs Solar project in New Mexico, the U.S. No financial details were disclosed.
The photovoltaic project, located on land leased from the New Mexico State Land Office, is scheduled for completion in 2014. First Solar will construct the plant using its thin film modules. Up to 400 jobs are expected to be created during the construction period.
The generated energy is expected to be sold to El Paso Electric. The PPA is, however, still subject to regulatory approvals, which are expected to be concluded in the first half of this year.
Keep your finger firmly on the photovoltaic pulse: sign up for our daily newsletter
- 4695 views
- 3872 views
- 3488 views
- 2707 views
- 2600 views
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!