Tessera Solar Sells Imperial Valley Project

Tessera Solar says that AES Solar, a joint venture between AES Corp. and Riverstone Holdings, has acquired the Imperial Valley solar project, a 709 MW concentrating solar power (CSP) project that was under construction near El Centro, Calif.

The project's development was halted in December 2010 by a court order, at the request of the Quechan Tribe.

AES Solar intends to move the project forward and is committed to working with San Diego Gas & Electric to fulfill its obligations under the power purchase agreement, according to the companies.

Tessera Solar sold its Calico project, a 663 MW CSP plant, to K Road Power last December.

SOURCE: Tessera Solar


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