Sunday, July 17, 2011

Solar is ready to launch

This fall SunPower will break ground on the first central station solar power plant in the United States, a 250 megawatt utility-scale facility in San Luis Obispo, California.

The plant will cost the local grid operator, Pacific Gas & Electric, less to build than a natural gas plant of the same capacity – grid parity anyone?

In January the company signed a deal with Southern California Edison to build two utility-scale solar power plants in Southern California with a combined generating capacity of 711 megawatts. “We’ve come an enormous way in the past five years”, says Blunden, “something on the order of 2,000 megawatts to almost 20,000 megawatts installed globally across the industry. 20,000 megawatts is equivalent to 20 nuclear reactors in scale.” More >>>

Location: Cayman Islands

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