California utility signs $3 billion solar power deal

Flag of CaliforniaMetaefficient: Pacific Gas & Electric today will announce a deal to buy as much as 900 megawatts of electricity. It will be enough to power 540,000 California homes each year, and involve the construction of five solar power plants during the next decade. The company to build the solar-thermal power plants in the Mojave Desert is BrightSource Energy.

“From what I know, this is the biggest commitment ever in the history of solar,” said John Woolard, BrightSource Energy’s chief executive officer and president. “It’s a fairly significant undertaking on both sides.”

Building all five plants in the Mojave will cost $2 billion to $3 billion, Woolard said. The project, which faces regulatory and financing hurdles, could mean 2,000 construction jobs, and employ about 1,000 workers to operate the plants….

State flag of California, “Zscout370,” Wikimedia Commons

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