Xcel Energy (NYSE: XEL) announced its selection of an affiliate of SunEdison, LLC, North America’s leading solar energy service provider, to build, own and operate an 8-megawatt central solar power plant in south central Colorado.
The power plant will house two solar technologies, concentrating photovoltaic and advanced flat-plate solar panel units. Both the flat-plate solar panel segment of the plant and the concentrating solar segment will be the largest of their type in the United States. Approximately 1.2 megawatts will come from concentrating photovoltaic units. The remaining approximately 6.8 megawatts of generation will be advanced flat-plate solar panel units. The plant is expected to be on line by the end of 2007. Public Service Company of Colorado will purchase the power and the Renewable Energy Credits associated with the plant.
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