D.E. Shaw Renewable Investments acquires 100MW PV project from First Solar

Facebook
Twitter
LinkedIn
Reddit
Email
The 100MW project is currently under construction and is expected to be completed by the end of 2018. Image: First Solar

D. E. Shaw Renewable Investments has signed off on an agreement to acquire the 100MW Willow Springs Solar Project in Kern County, California from First Solar.

Terms of the acquisition were not disclosed.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The 100MW plant, which was developed by First Solar, is currently under construction and is expected to be completed by the end of 2018. The site will provide power to Southern California Edison Company through a long-term PPA.

Bryan Martin, CEO of DESRI, said: “DESRI is thrilled to close on the acquisition of Willow Springs from First Solar. This project is a testament to the strong partnership that our firms have built over many years.  We are looking forward to using First Solar's leading Series 6 module technology to deliver clean energy to the Kern County community for years to come.”

Once completed, the project is expected to generate enough energy annually to power 41,000 typical California homes and displace more than 77,000 metric tons of CO2 greenhouse gas emissions each year.

Willow Springs is the fourth renewable energy project that DESRI has acquired from First Solar. In 2017 a DESRI affiliate acquired the 40MW Cuyama Solar Project in Santa Barbara County, while DESRI affiliates acquired the 31MM Portal Ridge Solar Project in Los Angeles County and the 11MW Rancho Seco Solar Project in Sacramento County in 2016.

Read Next

October 22, 2026
NextEra Energy recorded a 9.7% increase in its net earnings in Q3 2026, with earnings up 9.5% in the nine months to date this year.
October 22, 2026
Kendall Sustainable Infrastructure (KSI) has started operating three community solar projects totalling 15.8MWdc across New York and Oregon.
October 21, 2026
Solar power generation facilities can be exposed to risks from the effects of hailstorms, snow and typhoons, according to kWh Analytics.
October 21, 2026
Pivot Energy has closed a US$500 million bilateral corporate credit facility to further solar PV and BESS deployments.
October 20, 2026
Solesca has released the second version of its software, which includes the ability to map the terrain for a proposed PV installation site.
October 20, 2026
NYSERDA has announced its allocations of US$200 million to expand access to affordable solar energy across New York state.

Upcoming Events

Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye