Solar power project sold to Southern Co. and Turner Renewable Energy

SunEdison, a subsidiary of MEMC Electronic Materials Inc. (NYSE: WFR), on Sept. 28 said it sold its 30 MW Spectrum Solar Project to Southern Co. (NYSE: SO) and Turner Renewable Energy.

Construction of the Spectrum project is expected to begin in October 2012 on a 311-acre site in Clark County, Nev., with commercial operation anticipated during the second quarter of 2013.

SunEdison will also be responsible for ongoing operations and maintenance.

Electricity generated by the Spectrum plant will serve a 25-year power purchase agreement with Nevada Power Co., a subsidiary of NV Energy (NYSE: NVE).

Read more solar energy news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...