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Stock Market & Financial Investment News

News Breaks
June 13, 2014
18:02 EDTFSLRFirst Solar selected by Tenaska to build 150MW solar facility in So. California
First Solar announced that it has been selected by independent energy company Tenaska Solar Ventures to design and build the 150 megawatt AC Tenaska Imperial Solar Energy Center West project near El Centro, California. First Solar will provide full Engineering, Procurement and Construction services on the project, employing its advanced thin film photovoltaic modules and single-axis tilt technology. The project sits on approximately 1,100 acres of previously disturbed land in Imperial County. Tenaska Imperial West is the second solar project in Southern California’s Imperial Valley developed, owned and managed by Tenaska. In November of 2013, First Solar completed construction on the 130MWAC Tenaska Imperial Solar Energy Center South power plant for Tenaska. First Solar has already started engineering and expects to begin construction later in 2014, with full commercial operation anticipated in 2016. San Diego Gas & Electric Company holds a 25-year power purchase agreement for all electricity generated by Tenaska Imperial West.
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May 22, 2015
08:56 EDTFSLRJefferies to hold a field trip
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May 21, 2015
12:01 EDTFSLRSouthern Company subsidiary acquires 103-MW Georgia solar project
Southern Company (SO) subsidiary Southern Power acquired the 103-megawatt Butler solar facility from Community Energy in Georgia. The project, which was initially developed by Community Energy was selected by Southern Company subsidiary Georgia Power in a competitive process through the nationally recognized Georgia Power Advanced Solar Initiative. The facility, which will be located on approximately 1,070 acres in Taylor County, Georgia, is expected to enter commercial operation in the fourth quarter of 2016. Construction is slated to begin in September 2015, with First Solar (FSLR) managing the building, operations and maintenance of the facility. The Butler solar facility is expected to consist of more than 1 million of First Solar's thin-film photovoltaic solar modules mounted on single-axis tracking tables. The electricity and associated renewable energy credits generated by the facility will be sold under a 30-year power purchase agreement with Georgia Power, which will have the option to keep or sell the RECs, for the benefit of its customers or renewable energy programs.

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