First Solar sells California photovoltaic power project to NRG

23rd November 2009

First Solar, has sold the 21MW AC solar energy project it has developed and constructed in Blythe, California, to NRG Energy. First Solar will provide operations and maintenance services at Blythe under a long-term contract with NRG. Financial terms of the agreement were not disclosed.

The Blythe project is California’s first and largest utility-scale photovoltaic (PV) solar generation facility, and among the largest in North America. Construction began in September and is expected to be completed by year-end. Electricity from the plant will be sold to Southern California Edison under a 20-year power purchase agreement.

‘First Solar is very pleased that the first of our utility-scale solar projects in California will be coming on line with a leading power producer like NRG,’ said Bruce Sohn, president of First Solar. ‘This clean, affordable, and sustainable energy will help California meet the goals of its Renewable Portfolio Standard.’

First Solar is developing 1,300MW of PV solar projects under contracts with utilities in California and the Southwest.

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