First Solar (FSLR) Starts Building Campo Verde Solar Project

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First Solar, Inc. (Nasdaq: FSLR) today announced it has started constructing the 139 megawatt Campo Verde Solar Project, located near El Centro in Imperial County, Calif. The solar power plant is expected to be completed in 2013.

Economic benefits of the project include approximately 250 construction jobs, as well as over $230 million in new economic activity to the Imperial Valley, according to a county study.

The project gained the approval it needed on Dec. 18, 2012, from the Imperial Irrigation District (IID) for easements required to cross IID’s Westside Main Canal with the project’s transmission line. Earlier approvals included a decision to issue a Right of Way grant from the U.S. Bureau of Land Management (BLM) and a Conditional Use Permit from Imperial County.

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