First Solar (Nasdaq: FSLR) and Southern California Edison (SCE), an Edison International (NYSE:EIX) utility company, Tuesday announced agreements to build two large-scale photovoltaic power projects in Riverside and San Bernardino counties in Southern California, with a combined capacity of 550 megawatts (MW).
The agreements are subject to approval by the California Public Utilities Commission.
First Solar will engineer, procure and construct the two solar facilities. The projects are the 250-MW Desert Sunlight project near Desert Center, Calif., and the 300-MW Stateline project in northeastern San Bernardino County.
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Pending network upgrades and receipt of applicable governmental permits, construction is scheduled to begin in 2012 for Desert Sunlight and 2013 for Stateline. Both projects are expected to be completed in 2015. Several hundred construction jobs are expected to be created at each site. When completed, the solar projects will produce 1.2 billion kilowatt-hours of clean energy per year.
California currently has a goal of delivering 20% of electricity from renewable sources by 2010 and is considering legislation to increase the goal to 33% by 2020.
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First Solar also announced a contract with the Los Angeles Department of Water and Power (LADWP) to build a large-scale solar power project in Imperial County, California. The installation will have a generation capacity of 55 MW.
First Solar will design, engineer and construct the 55-MW Niland project using its advanced thin film solar modules. Construction is expected to begin next year and be completed in 2011.
The contract is conditioned on approval by the Los Angeles City Council and the mayor of Los Angeles.
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