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First Solar acquires 50MW Macho Springs project from Element Power Solar

First Solar has acquired the 50-megawattAC Macho Springs Solar project that Element Power Solar has developed in Luna County, N.M. When complete, it will be the state’s largest solar power project. The photovoltaic solar project is expected to be completed in 2014, providing up to 400 construction jobs. Terms of the transaction were not disclosed.