Suntech Power (STP) signed a deal with Sempra Energy worth a few hundred million to supply 150MW in solar panels for Sempra’s Mesquite 1 solar project in Arizona. Sempra had used First Solar’s thin film panels in the past so this is a big win for Suntech’s technology. The company recently opened a plant in Arizona to manufacture solar panels, but they indicated that most of the panels will come from China. Last year Suntech … Read the rest
Tag Archives: sempra energy
Esco (ESE) Soars, Itron (ITRI) Plummets On News Esco May Win Sempra Energy (SRE) Gas Smart Meter Contract
Sempra Energy (SRE) will soon make an announcement as to which company will win the estimated $400 million smart meter contract. It had been thought that Itron (ITRI) would win the contract, but today Esco Technologies (ESE) announced it was selected by Sempra for “negotiation of a definitive agreement”.
RBC Capital Markets analyst Stuart Bush called the move unusual and said it implies Esco has a leading position in negotiations. Stifel Nicolaus analyst Jeff Osborne … Read the rest
California Approves Deal Between P G & E (PCG) First Solar (FSLR) And Sempra Energy (SRE)
California regulators have given the go-ahead for a deal that will allow P G & E to buy power from the 48 MW solar power project that First Solar and Sempra Energy are building together near Boulder City, Nevada. Now that everything has been approved, construction should start next month and the facility should be completed late next year. It will be an add-on to a 10 MW plant previously built by First Solar and … Read the rest
PG&E (PCG) Adds Another 48MW Of Solar Power From Sempra Energy (SRE)
PG&E (PCG) will purchase another 48MW of thin film solar energy from Sempra Energy, produced at its Copper Mountain facility. Last year, PG&E purchased all 10MW of the output at the El Dorado plant from Sempra.
“This agreement represents a major step forward for Sempra Generation in the development of the largest operational photovoltaic solar power installation in North America,” said Michael W. Allman, CEO of Sempra Generation.
The 48MW of energy will come … Read the rest
First Solar (FSLR) To Expand Sempra Generation Plant to 58MW
First Solar (FSLR) has an agreement to expand the existing AC ground mounted solar power plant for Sempra Generation from 10 MW which it built last year to 48MW. FSLR will design, engineer and construct the power plant beginning construction this year and finishing next year, culminating in the largest PV power plant North America. The agreement is conditioned upon Sempra finding customers for the electricity and meeting state and local regulatory approvals.
First … Read the rest
First Solar (FSLR) Building 10MW Plant for Sempra Energy
First Solar (FSLR), the thin film module maker came out with news this morning that it’s building a 10MW solar plant in Nevada for Sempra Energy with construction already under way and expected to be completed by the end of the year. Sempra will own and operate it upon completion.
As the rest of the solar plays get hit today, FSLR is trading up nearly 3% (the only solar stock up today) and continues to … Read the rest