PG&E and Sempra Generation contract for 150 MW of renewable power

[OKIsItJustMe]

http://public.sempra.com/newsreleases/viewpr.cfm?PR_ID=2632&Co_Short_Nm=SGen

PG&E and Sempra Generation contract for 150 MW of renewable power

First solar to supply panels and build Nevada solar plant expansion

…

SAN FRANCISCO, SAN DIEGO AND TEMPE, ARIZ., August 4, 2011 – Pacific Gas and Electric Company (NYSE: PCG) and Sempra Generation, a subsidiary of San Diego-based Sempra Energy (NYSE: SRE), announced today that they have entered into a 25-year contract for 150 megawatts (MW) of renewable power from an expansion of Sempra Generation’s Copper Mountain Solar complex in Boulder City, Nev.

First Solar (NASDAQ: FSLR), one of the world’s leading producers of photovoltaic (PV) solar modules, will provide the ground mounted thin film panels and serve as the engineering, procurement and construction (EPC) contractor for the solar project.

The first 92 MW of solar panels at Copper Mountain Solar 2 are expected to be installed by January 2013, with the remaining 58 MW slated for completion by 2015. Under the terms of the contract, PG&E has the option to accelerate the commercial operation date of the second phase.

“Copper Mountain Solar 2 is a great opportunity for PG&E to continue down the path toward a clean energy future - a vision we share with our customers,” said Fong Wan, senior vice president for procurement for PG&E. “We are delighted to be part of this partnership that will allow us to deliver more green power to meet our customers’ long-term electricity needs."

…

[FBaggins]

1. Bad title

It isn't 150MW of power... it's 150MW of capacity.

[txlibdem]

2. Great step forward

Now, just another couple thousand of these, please.