Recent

% | $
Quotes you view appear here for quick access.

Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u Mar 2, 2013 9:42 AM Flag

    750 MW McCoy Solar Project Put On The Fast Track To Development

    750 MW McCoy Solar Project Put On The Fast Track To Development

    March 1, 2013Nathan

    The 750 MW McCoy Solar Photovoltaic Project has been granted an expedited review by California’s Governor Jerry Brown. This puts the NextEra Energy Resources project, located in Riverside County, on the fast track to development. Current plans are for it to be built in two phases, with phase one done by August 2014, followed by phase two in October 2016.

    The McCoy Solar Project was granted the expedited review under the Governor’s Jobs and Economic Improvement Act of 2011. That Act was created with the intention of helping clean energy development and job job creation by reducing bureaucratic red-tape. Under the terms of the expedited review, McCoy has agreed to invest at least $100 million into California’s economy during development and construction. Construction is currently scheduled to last 46 months, creating over 340 jobs during that time. With 20 permanent new full-time jobs created once the project is completed.

    Once finished, the project will cover 4,315 acres of federal land and 477 acres of private land. And it will generate enough electricity to support about 264,000 homes.
    PV Magazine writes: “According to a Plan of Development submitted in August 2011, the photovoltaic project will be built over two phases. An initial 250 MW is set to be built by August 2014, with construction commencing in May 2013. The second phase is then expected to start when commercial operations have begun on the first and will see an additional 250 to 500 MW added. Work is expected to be completed by October 2016.”
    At 750 MW, this would be the largest solar power plant in the world if completed today.

    Image Credit: NextEra Energy Resources

    cleantechnicaDOTcom/2013/03/01/750-mw-mccoy-solar-project-put-on-the-fast-track-to-development/

 
XOM
83.24+0.18(+0.22%)Sep 27 4:00 PMEDT