First Solar to build photovoltaic plant for Sempra

TEMPE, Ariz. - First Solar Inc. said Thursday it will build a 10-megawatt photovoltaic power plant for Sempra Generation near Boulder City, Nev. Financial terms of the deal were not disclosed. First Solar will design, engineer and construct the plant. Construction, which began this month, is expected to conclude by the end of the year. A one-megawatt plant running continuously at full capacity can power 778 households each year, according to the U.S. Department of Energy. Solar technology has lower capacity since its power generation is constrained by availability of the sun. Shares of First Solar fell $2.38 to $257.34 in morning trading. Shares of Sempra Energy, which owns Sempra Generation, rose 59 cents to... [read full story]                    

Add Comment
There are also 18 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organisations, related topics, regions and companies