US wholesale energy provider, Southern Power announced it has acquired a 150MW solar plant in California.
Now the largest solar plant in Southern Power’s portfolio, ‘Solar Gen 2’ was acquired from US solar developer and manufacturer, First Solar. Solar Gen 2 spans three 50MW sites and is currently under construction.
Completion of Solar Gen 2 is expected by the end of 2014, to be operated and maintained by First Solar.
Solar Gen 2 covers 587 hectares of land in Imperial County, California and will power 60,000 homes in the US' leading solar state.
Over a million First Solar thin-film PV solar modules have been installed on the site, mounted on single-axis tracking.
Southern Power is to own 100% of the plant – with First Solar acquiring minimal interest later.
The power generated by Solar Gen 2 will be sold under a 25 year Power Purchase Agreement (PPA) to utility San Diego Gas & Electric Company, a subsidiary of Sempra Energy.
The acquisition of Solar Gen 2 has expanded Southern Power’s solar portfolio to 338MW.
First Solar CEO, Jim Hughes said the US solar manufacturer and developer is planning future cooperation with Southern Power.