Diamond Bar CA (SPX) Dec 22, 2010
Sustainable Energy Capital Partners (SECP) has announced a joint venture partnership with POSCO Power to develop and build a 300-megawatt (MW) photovoltaic solar power plant in Boulder City, Nevada.
The Boulder City power plant adds to SECP's growing portfolio of more than 400MW of solar projects in the Southwestern United States.
For POSCO Power, the largest independent power producer in South Korea, this opportunity represents the first overseas renewable energy project developed without the involvement of their parent company, POSCO.
"This project is the world's largest solar PV power plant and it meets the POSCO Group's actively promoted green energy strategy. It will be the foundation of our entry into the US and other overseas markets for new and renewable energy," said Soung-Sik Cho, President and CEO of POSCO Power.
Parsons Corporation, one of the world's largest engineering, construction, technical, and management services firms, has been engaged to participate in the project.
Construction is scheduled to take place during the second half of 2012 and is expected to create hundreds of jobs for the local community. Once the solar power plant is fully operational, it will have the capacity to provide electricity to nearly 135,000 households for 25 years.
"Our partnership with POSCO Power will become an example of what's possible in today's solar industry when global companies work together to implement a shared vision. We, at SECP, are certainly pleased to be bringing much-needed jobs to Nevada while advancing our mission of providing power that is both clean and sustainable," said Steve Herr, Managing Director of SECP.
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US DoI Approves SolarReserve's 110MW Nevada Solar Power Project
Santa Monica CA (SPX) Dec 21, 2010
The U.S. Secretary of the Interior Ken Salazar has approved the Record of Decision (ROD) for the Crescent Dunes Solar Energy Project located in Nye County near Tonopah, Nevada. With this authorization, SolarReserve, a U.S. developer of utility-scale solar power projects, is preparing to begin construction on the plant in mid-2011, with some long-lead equipment already in manufacturing. The ... read more
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