By Editors of Electric Light & Power/POWERGRID International
A unit of Southern Co. (NYSE: SO) bought the company's largest solar energy installation — the 139 MW Campo Verde Solar Project. Southern Co. unit Southern Power and Turner Renewable Energy bought the solar energy project from First Solar Inc (Nasdaq: FSLR).
The acquisition of this renewable energy project will more than double Southern Co.'s solar power generation portfolio, according to the company.
The Campo Verde Solar Project will be built, operated and maintained by First Solar, a global provider of comprehensive photovoltaic (PV) solar systems using its thin-film modules.
Construction of the plant began in December 2012 and commercial operation is targeted for fall 2013. The Campo Verde Solar Project is located on a 1,443-acre site in Imperial County.
Electricity generated by the plant will serve a 20-year power purchase agreement with San Diego Gas & Electric Co. (SDG&E), a unit of Sempra Energy.
This article was originally published on Electric Light & Power/POWERGRID International. It was republished with permission.