NewEnergyNews More: TED TURNER AND SOUTHERN CO BUY MORE SOLAR

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    • Tuesday, May 27, 2014

    TED TURNER AND SOUTHERN CO BUY MORE SOLAR

    Southern and Turner to Buy Macho Springs From First Solar

    Christopher Martin, May 23, 2014 (Bloomberg News)

    Turner Renewable Energy and Southern Company added an eighth solar power plant to their jointly owned solar portfolio with the purchase of the 50 megawatt Macho Springs in New Mexico from First Solar…This Macho Springs deal brings the nameplate capacity of the Turner-Southern portfolio to 290 megawatts…The project’s offtaker is El Paso Electric through a twenty year power purchase agreement at $0.579 per kilowatt-hour, significantly below the $0.842 for power from a typical combined-cycle natural gas plant…Macho Springs developer First Solar is the world’s biggest solar power plant builder and the second biggest module manufacturer in the world…Macho Springs is expected to go online by the end of May. click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:34 AM

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