Monday, May 07, 2012

Salazar Activates First Solar Power Project on U.S. Land

U.S. Interior Secretary Ken Salazar activated today a 50-megawatt power plant that was developed by First Solar Inc. (FSLR) (FSLR) and is the the first on U.S. public land. The Silver State North project in Nevada’s Ivanpah Valley, south of Las Vegas, is owned by Enbridge Inc. (ENB), Canada’s largest oil-pipeline company, and generates enough electricity for about 9,000 homes, according to a statement today. The U.S. Interior Department has approved 29 wind, solar and geothermal projects on public land since 2009 as part of President Barack Obama’s “all-of-the-above” energy strategy, Salazar said. With Silver State, the U.S. is on pace to install 10,000 megawatts of non-hydroelectric renewable power capacity by this year, three years earlier than mandated by Congress...more

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