The New Energy and Industrial Technology Development Organization (NEDO) extends its deep thanks to the enthusiasm and valuable cooperation of ETES in the process of joining the project of Special LED System installation for offshore fishing ships in Quang Tri

The 40th anniversary of National Union in Quang Tri Province

Mr. Nguyen Quan Chinh, Vice Chairman, People's Committee of Quang Tri Province came to visit the site of LED installation.

DE Shaw buys 11-MW California solar project from First Solar

MONday - 08/08/2016 11:55 - Viewed: 4393

DE Shaw Renewable Investments LLC (DESRI) has acquired the 11-MW Rancho Seco solar project in California from First Solar Inc (NASDAQ:FSLR), the companies said today without disclosing terms of the deal.

The project is situated in Sacramento County on property owned by the Sacramento Municipal Utility District (SMUD), which will buy electricity from the plant under a 20-year power purchase agreement (PPA). The facility uses First Solar's thin-film modules mounted on single-axis trackers. It is located on the site of the decommissioned Rancho Seco Nuclear Generation Station.

Solar park in California using thin film modules. Author: Russ Ferriday. License: Creative Commons. Attribution-ShareAlike 2.0 Generic

The solar park will provide power for SMUD's commercial SolarShares programme. Through this programme, the Golden 1 Center sports arenas, which is being built for the Sacramento Kings, will get some 85% of its electricity from Rancho Seco.

Earlier this year, DESRI, part of the DE Shaw Group, acquired the 31-MW Portal Ridge solar project from First Solar. That project is currently in construction in Lancaster, California.

Source: Renewables.seenews.com