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Constellation Energy to Acquire 30 MW Solar Installation in Sacramento
May 2, 2011 - BALTIMORE--(BUSINESS WIRE)-- Constellation Energy (NYSE: CEG) today announced that it acquired a 30-megawatt DC (25-megawatt AC) solar generation project in Sacramento, Calif., from utility-grade photovoltaic power plant developer Belectric, Inc. The system will be comprised of approximately 381,000 First Solar thin film photovoltaic panels, ground-mounted at multiple sites near the city of Sacramento. Constellation Energy will own and operate the system and sell the electricity generated from it to the Sacramento Municipal Utility District (SMUD) under ten, 20-year power purchase agreements. The project is anticipated to be commercially operational by the end of 2011.
The transaction was arranged by Smart Energy Capital, LLC, a finance and investment company located in White Plains, N.Y., focused exclusively on the North American solar photovoltaic industry.
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First Solar to Build Solar Module Factory in Mesa, Arizona
New Factory Will Create 600 Jobs
Annual Production of More Than 250MW
TEMPE, Ariz. – March 17, 2011 – First Solar, Inc. (Nasdaq: FSLR) today announced it will build its new U.S. manufacturing center in Mesa, Ariz. First Solar will invest about $300 million in the factory, which will create approximately 600 jobs and will include four manufacturing lines with a capacity to produce more than 250 megawatts (MW) of advanced thin-film photovoltaic (PV) modules per year. The new factory, in combination with First Solar’s recently expanded facility in Perrysburg, Ohio, will increase First Solar’s U.S. production capacity to more than 500MW per year.
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BlueChip Energy Signs Agreement to Acquire Land for 40 Megawatt Solar Farm in Florida
Expected to Be One of the Largest PV Solar Plants in the United States
Lake Mary, FL., March 7, 2011 – BlueChip Energy™ (BCE), a provider of complete solar energy solutions, today announced that it has signed an agreement to acquire land in Central Florida for the development of a 40 megawatt (MW) capacity solar farm.
The largest photovoltaic (PV) solar plant in the State of Florida and the third largest in the United States when completed, the 40 MW Sorrento Solar Farm will generate an estimated 64 million kilowatt hours annually -- enough to fulfill the average annual electricity needs of as many as 8,000 typical Florida households.
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Baraclit has built an open-air solar laboratory in conjunction with Canadian Solar's partner Energy Resources.
MILANO, Italy, Feb. 22, 2011 /PRNewswire via COMTEX/ --Canadian Solar (Nasdaq: CSIQ), one of the world's largest solar companies, in partnership with Energy Resources, has provided modules used in the creation of SolarLAB2, an open-air solar laboratory intended to study the integration of photovoltaic technology for prefabricated roofing. Built by Baraclit, a leader in industrial and commercial prefabricated roofing, at its headquarters in Bibbiena near Arezzo, SolarLAB2 is now one of Italy's largest and most innovative roof-integrated photovoltaic installations.
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Green Plains Renewable Energy to Acquire Ethanol Plant From Otter Tail Ag Enterprise
OMAHA, Neb., Feb. 17, 2011 (GLOBE NEWSWIRE) -- Green Plains Renewable Energy, Inc. (Nasdaq:GPRE) announced today that its bid to purchase certain assets of Otter Tail Ag Enterprises, LLC was accepted by the bankruptcy court overseeing the auction process. The addition of the 55 million gallon per year dry-mill ethanol plant near Fergus Falls, MN brings Green Plains' total expected production capacity to approximately 715 million gallons annually. Green Plains will finance the $55 million acquisition with cash and financing from a group of nine lenders, led by AgStar Financial Services.
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