Huge Arizona Solar Panel Farm Now 2/3 Completed

The Agua Caliente solar project in Yuma County, Arizona — which is one of the world’s largest solar panel farms — is now two thirds completed, according to the owners and developer of the project, NRG Energy, MidAmerican Solar and First Solar. The solar farm, which is supposed to be completed in 2014, employs 400 to 450 workers per day, and California utility PG&E has a contract to buy the power.

Agua Caliente is now generating 200 MW of solar power, and will provide 290 MW when completed. The project is being funded by a $967 million loan guarantee from the Department of Energy, as well as equity from owners NRG Energy and MidAmerican Solar, which is the energy-focused fund owned by Warren Buffett’s Berkshire Hathaway. MidAmerican bought 49 percent of the $1.8 billion farm in January of this year.

 

Prateek Panda

Prateek is the Founder of TheTechPanda. He's passionate about technology startups and entrepreneurship and enjoys speaking to new founders every day. Prateek has also been consistently regarded as one of the top marketing experts in the region.

Recent Posts

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…

4 days ago

En crypto: Global tourism turns to crypto as travelers demand borderless payments

Crypto curiosity is booming and not just among investors, but across entire industries. Even as…

4 days ago

As crypto enters the mainstream, the US walks a fine line between innovation & oversight

Crypto may no longer be the rebellious outsider of finance. As AI dominates headlines, digital…

5 days ago

How AI is bridging India’s linguistic divide in publishing

India has never lacked stories. What it has lacked, for decades, is a practical way…

5 days ago

Despite US policy headwinds, India’s GCCs remain “not just resilient, but essential” 

India’s Global Capability Centers (GCCs) are facing not just one, but two policy storms. The…

1 week ago