Quick Facts

First Solar Signs Purchase Agreements With Pacific Gas And Electric

First Solar Inc. (FSLR) announced that it has signed power purchase agreements with Pacific Gas and Electric Company or PG&E for 72 megawatts AC of solar electricity to be generated at two photovoltaic power plants that First Solar is developing in central California.

The 32-megawatt Lost Hills project in Kern County and the 40-megawatt Cuyama project in Santa Barbara County are expected to create up to 600 jobs at peak construction.

The power purchase agreements—each with a delivery term beginning in 2019—are subject to approval by the California Public Utilities Commission, whose decision is expected in the first half of 2013.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Quick Facts