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Boulder City, NV to Boast 300MW PV Plant

Boots On The Roof

The never-ending race to build the largest solar PV power plant continues.

Green sources have announced that POSCO Power and California based renewable energyprojects development company, Sustainable Energy Capital Partners (SECP) are teaming up to build a 300-MW photovoltaic solar power plant in lovely Boulder City, Nevada.

 “This project is the world’s largest solar PV power plant and it meets the POSCO Group’s actively promoted greenenergy strategy. It will be the foundation of our entry into the US andother overseas markets for new and renewable energy,” said Soung-Sik Cho, President and CEO of POSCO Power. He also said helooks forward to being able  to say, “Our plant is bigger than yourplant.” OK, I made that up.

However S-S Cho did indicate that his company has plans to build andrun various power plants with a combined capacity of 1 gigawatt at homeand abroad by 2020.

Green resources report that with the addition of Boulder City, SECP portfolio contains“more than 400MW of solar projects in the Southwestern U.S. The BoulderCity project is the first overseas renewable energy project that POSCOis developing without the parental involvement of its parent company,POSCO (NYSE-PKX). Word is, if they screw it up, POSCO Jr. will lose thekeys to the electric car for a month. Yes, again I made that up.

Construction is slated to begin in mid-2012, with engineering,construction firm Parsons Corporation being brought onboard to man theheavy lifting. The project is expected to create hundreds ofconstruction jobs for Boulder City locals, and enough green energy, upon completion, toprovide electricity for approximately 135,000 homes for more than 20years.

“Our partnership with POSCO Power will become an example of what’s possible in today’s solar industry when global companies work together to implement a sharedvision. We, at SECP, are certainly pleased to be bringing much-neededjobs to Nevada while advancing our mission of providing power that isboth clean and sustainable,” said Steve Herr, Managing Director of SECP.

Sources:

Yahoo News

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