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Richard A. Kessler
Tuesday, November 12 2013
Agua Caliente, which will become the world’s largest operating solar PV facility, achieved commercial operation on 30 September.
MidAmerican Energy Holdings Company acquired a 49% interest from NRG Energy in January 2012. Terms were not disclosed.
First Solar designed and is building the project using thin-film solar modules. It will also operate and maintain the facility.
Agua Caliente is being financed with support from a loan guarantee from the US Energy Department Loans Programme Office.
Power generated by Agua Caliente is being sold under a 25-year power purchase agreement to California utility Pacific Gas and Electric Co.
The project is expected to offset 5.5 million metric tons of CO2 over 25 years.
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