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Ted Turner and Southern Company buy solar plant
The two purchased the 20-megawatt Apex Solar Project in Nevada.
Thu, Jul 05, 2012 at 01:18 PM
In 2010, entrepreneur Ted Turner teamed up with Southern Company to form a strategic alliance
that focuses on developing renewable energy projects. The partnership’s first purchase was a 30-megawatt solar facility in Raton, N.M. The alliance has just inked its second purchase, the 20-megawatt Apex Solar Project in Nevada.
Turner commented on the alliance and the new facility purchase: "We created this partnership to explore large-scale solar power generation projects to expand the technology's viability as a commercial-scale provider of electricity. Acquiring this facility is another positive step in that direction and Turner Renewable Energy is excited to be a part of this effort to provide clean, renewable energy in Nevada." Source: Southern Company
SunEdison began construction of the Apex Solar Project in October 2011, and when the power plant comes online later this quarter, the California-based company will be responsible for operation and maintenance duties at the facility.
Located on a 154-acre site within the city of North Las Vegas, Nevada, the solar installation includes about 88,000 poly-crystalline solar modules from Trina Solar. The power generated by the 20-megawatt project will be sold to Nevada Power Company as part of a 25-year power purchase agreement.
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