TEMPE, Ariz., May 20, 2014 (BUSINESS WIRE) --
said today that it has completed
someone buy of the 250-megawatt (MW)AC Silver Suggest South Solar
Project to a branch of NextEra Energy Resources. The
Silver State South is located on the approximately 3, 000 acres linked federally
managed land in Simon County, Nevada. The project may be adjacent to the 50MWAC
Silver Suggest North project, which was developed and furthermore built by First Solar
First Sunlight developed and designed the Precious metal State South project, and
give you Engineering, Procurement and Construction (EPC) services to
NextEra. All the authority from Silver State South is going to sold to Southern
California Edison the long-term power purchase agreement.
"Silver State South demonstrates the heavy value First Solar provides
by way of our vertically integrated capabilities, " said Tim Rebhorn, First
Solar's Senior Vice President of Business Engineering for the Americas.
"We have an incomparable ability to offer industry-leading module
solutions, best-in-class design and construction consists of
single-axis tracker and proven stabilize of system components. "
"We can be found pleased to have completed the purchase of the Silver State
South sun project, " said NextEra An energy source Resources Senior Vice
President linked Development Mike O'Sullivan. "This is one other important
milestone as we continue to established our solar business, and we lady
forward to working with the First Solar football team to make this project a
Pre-construction activity has begun at the site, additionally, the project is
expected to be ful in late 2016. At construction look, the project
will create approximately 60 local full-time jobs.
First Sunlight is a leading global provider linked comprehensive photovoltaic
(PV) solar technological know-how which use its advanced module and furthermore system technology.
The company's installed power plant solutions deliver an cheaply
attractive alternative to fossil-fuel electricity development today. From
raw material finding through end-of-life module recycling, First basic
Solar's renewable energy systems protect and furthermore enhance the environment.
For more information about First basic Solar, please visit www.firstsolar.com
NextEra An energy source Resources, LLC (together with its in league entities,
"NextEra Energy Resources"), may be clean energy leader and is some of the
largest wholesale generators of electric authority in the U. S., with
roughly speaking 18, 300 megawatts of generating facility primarily in 24
states and furthermore Canada as of year-end 2013. NextEra Energy Resources is the
largest electrical generator in North America of renewable energy with all the wind and
sun. The business quite possibly operates clean, emissions-free nuclear authority
generation facilities in New Hampshire, Iowa and Wisconsin as part of
each NextEra Energy nuclear fleet, that can be one of the largest in the
United States. NextEra Energy Resources is a subsidiary linked Juno Beach,
This release is created from forward-looking statements which are made pursuant
to safe harbor provisions from Private Securities Litigation Reform
Course of 1995. These forward-looking expense include statements, among
other things, for: our business strategy, including predicted
trends and developments in and furthermore management plans for our business additionally, the
markets in which we operate; foreseeable financial results, operating
results, bottom line, gross margin, operating expenses, remedies, projected
costs, warranties, solar element efficiency and balance of technological know-how
("BoS") cost reduction roadmaps, rearrangement, reshuffling, product reliability and
capital fees; our ability to continue to reduce the premium per
watt of our solar materials; our ability to reduce the costs to set up
photovoltaic ("PV") solar power systems; r & d
programs and our ability to help conversion efficiency of our
solar materials; sales and marketing initiatives; and competition. Of these
forward-looking statements are often characterized by the benefits of using words
such as "estimate, " "expect, " "anticipate, " "project, type "plan, " "intend, "
"believe, " "forecast, " "foresee, type "likely, " "may, " "should, " "goal, "
"target, type "might, " "will, " "could, " "predict, " "continue" additionally, the
negative or plural of these term and other comparable terminology.
Forward-looking expense are only predictions based on our the latest
expectations and our projections that is related to future events. You should not
place inordinate reliance on these forward-looking expense. We undertake
no obligation in which to update any of these forward-looking statements almost
reason. These forward-looking statements need known and unknown
risks, concerns, and other factors that may cause the actual
results, levels of activity, efficiency, or achievements to differ
materially with those expressed or implied via these statements. These
factors include, are usually not limited to, the matters given in Item
1A: "Risk Concerns, " of our Annual Report on the Form 10-K for the year halted
December 31, 2013, Quarterly Research on Form 10-Q, Current Research on
Form 8-K and other accounts filed with the SEC.
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