K Road cancels expansive Calico solar power project

K Road Power has canceled its plans for a renewable energy project in southern California. According to Bloomberg, the expansive Calico solar power plant was backed by Barclays Plc in 2011, an investment banking unit.

The company was awarded a permit for the Calico project in 2010 to build up to 663.5 MW of solar capacity. Plans called for 563 MW of solar photovoltaic (PV) technology and 100.5 MW of Stirling-dish solar thermal technology (SunCatchers). K Road now plans to surrender that permit to regulators and has also withdrawn a request to change the design of the project site. 

"Due to changed market conditions, we will not be able to move this project forward, either as licensed or as proposed to be amended," K Road said in a statement to the California Energy Commission.

K Road purchased the Calico project, located near Barstow, Calif., from Tessera Solar. In December, K Power said there were transmission issues discovered at the site and that those issues may have an impact on the timing of the projects as well as its interconnection agreement. 

Visit PennEnergy's research area to learn more about the solar power outlook in the United States.

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

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs