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May 03, 2006
$1.6 Billion Solar Farm Proposed for New Mexico
According to a story by Reuters a US$1.6 billion 300 MW solar PV farm is being planned for New Mexico. The facility would require 3,200 acres and take five years to build. The plan calls for $650,000 for a factory to build the panels and the solar farm would cost $950,000 million. New Solar Ventures and another start-up company, Solar Torx, both based in Phoenix, will operate the joint venture. They have an aggreement to lease the first 640 acres and have a staff of six besides the lead developer Ed Balch of New Solar Ventures. That is about all the article had to say. That's $3.17/watt if you don't count the cost of the factory. The firms involved apparently do not have much, if any, experience in solar. No mention of what kind of or whose technology was mentioned....Posted by dymaxion at May 3, 2006 10:06 PM