First Solar Inc. (Nasdaq: FSLR) has sold two California solar farms that combined will generate 780 MW.
California will soon be home for two new concentrating solar power (CSP) facilities. The United States Department of Energy has awarded conditional loan guarantees to both Abengoa Solar, Inc. and NextEra Energy Resources, LLC to support the development and construction of a combined 500 MW of solar power.
Located in California's Imperial Valley, Vessey and Company, Inc. began as a small farming venture growing and shipping iceberg lettuce. Now the 10,000 acre operation is an Imperial Valley powerhouse producing and shipping 25 different types of fruits and vegetables.