First Solar (FSLR) Buys Planned Carrizo Energy Solar Farm From Ausra

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09:31:29 am on November 6, 2009

First Solar just announced that it has purchased a planned 115 MW solar energy project, the Carrizo Energy Solar Farm, from Ausra. According to the New York Times, First Solar doesn’t plan to build the project, but instead will use the land to change the layout of its nearby Topaz project, making it more wildlife friendly and increasing the chances that it will be approved.

The financial terms of the deal were not disclosed, but as Alan Bernheimer, a company spokesman, told the New York Times, “This will allow us to reconfigure Topaz in a way that lessens its impact and creates wildlife corridors.”

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