First Solar Providing Panels for 130-Megawatt California Project

By Ehren Goossens – Sep 27, 2011 9:19 PM GMT+0100

First Solar Inc. (FSLR), the world’s largest thin-film solar company, will provide panels for a 130- megawatt project that Tenaska Inc. is developing in Southern California.

First Solar will be the engineering, procurement and construction contractor for the Imperial Solar Energy Center South, Omaha, Nebraska-based Tenaska said today in a statement.

Electricity produced by the project in Imperial County will be sold under a 25-year contract to Sempra Energy (SRE) utility San Diego Gas & Electric Co.

First Solar, of Tempe, Arizona, was little changed, rising 55 cents to $72.27 in Nasdaq Stock Market trading today.

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