The US’s largest solar and wind project developer, NextEra, has placed the successful bid to purchase the unbuilt 1GW Blythe solar project in Riverside County, California. The plant is another of the projects – both built and unbuilt – being auctioned off from the assets of bankrupt Solar Trust of America. The agreed price of the project was not revealed.
A “spirited auction with good results for the debtors,” the sale saw NextEra place the highest bid for the plant, which will be the largest PV plant in the world when built. A hearing to confirm the sale is scheduled for June 27. BrightSource recently placed a successful bid for Solar Trust of America's 500MW Palen project.
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 successful bid will transfer the rights to complete development of Blythe, including transmission access and land-use permits, to NextEra. The contract signed with Southern California Edison that stipulated that SoCal Edison would buy the electricity generated by the plant upon its completion will need to be renegotiated, according to officials.
The groundbreaking ceremony for the Blythe plant took place a year and one week ago.
