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First Solar, FSLR, Nasdaq: FSLR
First Solar, Inc. (NASDAQ: FSLR)
FSLR (“First Solar”) recently has started constructing the 139 megawatt Campo Verde Solar Project, located near El Centro in Imperial County, Calif. The solar power plant is expected to be completed in 2013.
Economic benefits of the project include approximately 250 construction jobs, as well as over $230 million in new economic activity to the Imperial Valley, according to a county study.
The project gained the approval it needed on Dec. 18, 2012, from the Imperial Irrigation District (IID) for easements required to cross IID’s Westside Main Canal with the project’s transmission line. Earlier approvals included a decision to issue a Right of Way grant from the U.S. Bureau of Land Management (BLM) and a Conditional Use Permit from Imperial County.
FSLR (“First Solar”) will construct the project using its advanced thin film PV modules that generate clean, renewable energy with no emissions, waste or water consumption during operation. The project will generate enough electricity to power approximately 50,000 average California homes, displacing 80,000 metric tons of CO2 per year, the equivalent of taking 15,000 cars off the road.
First Solar, Inc. (NASDAQ: FSLR) is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module collection and recycling, First Solar’s renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.
In my opinion this is a stock towatch!
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