OCI Solar Power and CPS Energy have just signed a deal to build the largest municipal utility solar project in the US. The project will be over 400 MW in size. In addition, it will create over 800 long-term jobs and “drive an estimated $700 million in economic impact each year.”
“As part of its plan, OCI Solar Power will develop several solar facilities that will ultimately power more than 70,000 homes,” a news release on the matter states. The company, which announced a new president last week, is surging toward a new leadership position in the solar industry. With more than 40 projects ranging from 3 to 400 megawatts across the U.S. and Canada, OCI Solar Power is creating new standards for partnerships and community development.”
Sounds promising.
“The first phase of the project which includes 50 megawatts of solar power will be completed by mid 2013. Plans are for the remaining megawatts to be built through 2016. OCI Solar Power is also planning to create an Engineering and Operations Center to fuel ongoing innovations in sustainable and efficient solar energy production.”
Exciting news.