Renewables

PG&E to get 500 MW of solar power from planned projects

26 October 2009– NextEra Energy Resources and Abengoa Solar, a company based in Spain, signed contracts to sell 250 MW each of solar thermal power to Pacific Gas and Electric Co. from planned solar power projects in California.

NextEra’s proposed Genesis project will be comprised of two 125 MW units with more than 500,000 parabolic mirrors assembled in rows in the Sonoran Desert. It is expected to begin construction in 2010 with operations planned to begin approximately 30 months after.

Abengoa’s proposed project, Mojave Solar, is also expected to begin construction in 2010 and operations in 2013.

Both deals are subject to approval from the California Public Utilities Commission.
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