Under the terms of the agreements, First Solar will continue developing the projects. The company will also construct the Sombra and Moore Solar Energy Centers, both of which will consist of two 10-MW PV projects, comprising over 172,000 thin film panels each. They are expected to provide enough power to serve about 6,440 homes.
Once operational, NextEra Energy Resources Canadian subsidiary, NextEra Energy Canada, will own and operate all four projects. The power generated will reportedly be sold to the Ontario Power Authority under long-term contracts.
Pending the necessary government approvals, construction on the four projects is scheduled to begin in the first quarter 2011 with commercial operation expected by the end of next year.
NextEra Energy Resources president and CEO Mitch Davidson commented: Solar power will help promote a clean-energy economy in Ontario, reduce its dependence on fossil fuels, and address global climate change through the production of emission-free energy.
NextEra Energy Resources is a subsidiary of NextEra Energy, Inc. and First Solar.