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Solarpraxis AG

08 Feb 2011 10:02:39

US market: sunny with chance of downpour



When will the United States solar boom happen? That has been the question on everyone's mind, from manufacturers to power producers and retailers. Figuring out the answer is tricky and you will get many answers, some that still carry many caveats.

The attendees at Solarpraxis's PV Power Plants 2010 conference in las Vegas in December explored that question in terms of project development, financing and policy. Evidence shows that 2010 marked the start of what could be a large market for utility-scale projects. First Solar completed the largest PV power plant in the country, the 48 megawatt Copper Mountain project in Nevada for Sempra Generation. NRG Solar announced plans to spend up to 450 million U.S. dollars to buy a 250 megawatt (MW) power plant under development in California by SunPower. NRG also agreed to buy a planned 290MW project from First Solar for an undisclosed amount.

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