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Released November 18, 2016 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Southern Company's (NYSE:SO) (Atlanta, Georgia) subsidiary Southern Power has acquired a controlling interest in the first phase of the Boulder solar facility in Nevada from SunPower Corporation (NASDAQ:SPWR) (San Jose, California). In addition to the Boulder project, Industrial Info is tracking $2.6 billion in active solar-power projects involving Southern Company and its subsidiaries.
The $500 million first phase of the Boulder project in Clark County, Nevada, began construction in January 2016 and is expected to begin generating 100 megawatts (MW) in December. NV Energy (Las Vegas, Nevada) signed a 20-year power purchase agreement to buy the electricity and associated portfolio energy credits generated by the facility. For more information, see Industrial Info's project report.
SunPower, which developed, designed and constructed the plant, will operate and maintain it upon completion and continue to own the remaining interest. SunPower also has proposed a $250 million second phase and a $250 million third phase; for more information, see Industrial Info's project reports on Phase II and Phase III.
"Our recent acquisition of the Boulder solar facility underscores Southern Power's growing success in acquiring and developing utility-scale solar across the United States," said Buzz Miller, the president and chief executive officer of Southern, in a press release. "This project aligns with our business model as we strategically develop our renewable portfolio."
Southern's single highest-valued active solar project is one of the most prominent on the West Coast, which in recent years has seen a strong legislative push for renewables: the $410 million Garland Solar Plant in Rosamond, California. It is expected to utilize 800,000 polycrystalline silicon modules provided by Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) to generate 205 MW. For more information, see Industrial Info's project report.
Also under way in California is the Desert Stateline Solar Park in Nipton, which has been divided into a $300 million first phase and a $300 million second phase, both of which are under construction, and a $300 million third phase, which is in its permitting phase. Each phase is designed to generate 100 MW from fixed-tilt, thin-film photovoltaic panels; the first two phases are expected to be completed toward the end of this year and the beginning of next year, respectively, while the third phase currently is expected to kick off in the summer of 2017. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
In its home state of Georgia, Southern has three solar projects under construction: the $250 million Sandhills Solar Plant in Taylor County, the $230 million Butler Facility Solar Plant in Butler, and the $140 million MCLB Solar Project in Albany. The Sandhills and Butler projects are expected to generate 146 and 103 MW from 1.6 million and 1 million thin-film PV modules, respectively; the MCLB facility is expected to generate 31 MW from 150,000 fixed-tilt solar panels. For more information, see Industrial Info's project reports on the Sandhills, Butler and MCLB projects.
First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) is performing engineering, procurement and construction (EPC) services on all of the above projects, except for the Garland plant in California,for which the EPC services will be performed by Signal Energy Constructors (Chattanooga, Tennessee), and the MCLB project in Georgia, which will be performed by AMEC Foster Wheeler plc (NYSE:AMFW) (London, England).
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
The $500 million first phase of the Boulder project in Clark County, Nevada, began construction in January 2016 and is expected to begin generating 100 megawatts (MW) in December. NV Energy (Las Vegas, Nevada) signed a 20-year power purchase agreement to buy the electricity and associated portfolio energy credits generated by the facility. For more information, see Industrial Info's project report.
SunPower, which developed, designed and constructed the plant, will operate and maintain it upon completion and continue to own the remaining interest. SunPower also has proposed a $250 million second phase and a $250 million third phase; for more information, see Industrial Info's project reports on Phase II and Phase III.
"Our recent acquisition of the Boulder solar facility underscores Southern Power's growing success in acquiring and developing utility-scale solar across the United States," said Buzz Miller, the president and chief executive officer of Southern, in a press release. "This project aligns with our business model as we strategically develop our renewable portfolio."
Southern's single highest-valued active solar project is one of the most prominent on the West Coast, which in recent years has seen a strong legislative push for renewables: the $410 million Garland Solar Plant in Rosamond, California. It is expected to utilize 800,000 polycrystalline silicon modules provided by Canadian Solar Incorporated (NASDAQ:CSIQ) (Guelph, Ontario) to generate 205 MW. For more information, see Industrial Info's project report.
Also under way in California is the Desert Stateline Solar Park in Nipton, which has been divided into a $300 million first phase and a $300 million second phase, both of which are under construction, and a $300 million third phase, which is in its permitting phase. Each phase is designed to generate 100 MW from fixed-tilt, thin-film photovoltaic panels; the first two phases are expected to be completed toward the end of this year and the beginning of next year, respectively, while the third phase currently is expected to kick off in the summer of 2017. For more information, see Industrial Info's project reports on Phase I, Phase II and Phase III.
In its home state of Georgia, Southern has three solar projects under construction: the $250 million Sandhills Solar Plant in Taylor County, the $230 million Butler Facility Solar Plant in Butler, and the $140 million MCLB Solar Project in Albany. The Sandhills and Butler projects are expected to generate 146 and 103 MW from 1.6 million and 1 million thin-film PV modules, respectively; the MCLB facility is expected to generate 31 MW from 150,000 fixed-tilt solar panels. For more information, see Industrial Info's project reports on the Sandhills, Butler and MCLB projects.
First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) is performing engineering, procurement and construction (EPC) services on all of the above projects, except for the Garland plant in California,for which the EPC services will be performed by Signal Energy Constructors (Chattanooga, Tennessee), and the MCLB project in Georgia, which will be performed by AMEC Foster Wheeler plc (NYSE:AMFW) (London, England).
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
