Denver, Colorado [RenewableEnergyWorld.com] Abengoa Solar has signed a contract with Arizona Public Service Co. (APS), to build, own and operate what would be on of the largest solar power plants in the world if operating today. The plant, scheduled to go into operation by 2011, will be located 70 miles southwest of Phoenix.
It will sell the electricity produced to APS over the next 30 years for a total revenue of around $4 billion, bringing over $1 billion in economic benefits to the state of Arizona. The solar plant has been named Solana, meaning “a sunny place” in Spanish. The Solana Generating Station will have a total capacity of 280 megawatts, enough to power 70,000 homes.
The plant will employ a proprietary Concentrating Solar Power (CSP) trough technology developed by Abengoa Solar, and will cover a surface of around 1,900 acres. The construction of the Solana Generating Station will create about 1,500 construction jobs and employ 85 skilled full-time workers once completed. The construction of this solar plant and others under contract in the U.S. are subject to a long-term extension of the solar investment tax credit by the U.S. Congress.
“This is a major milestone for Arizona in our efforts to increase the amount of renewable energy available in the United States,” said Arizona Governor Janet Napolitano. “Arizona is leading the way in protecting our world for future generations through increasing the amount of renewable energy, combating climate change, fighting for air quality and much more. This plant will offer Arizonans a clean and efficient source of energy.”