The nation's largest nuclear power generator that owns the PECO electricity utility just bought a 230 megawatt solar plant that is being built in California. The seller?
First Solar, America's largest solar manufacturer and a major solar developer.
The plant will start operating in 2012, reach full operations in 2013, and provide enough power for 75,000 homes. Pacific Gas & Electric will buy all the power from the facility for 25 years.
Exelon last year bought significant wind generating capacity and now owns a huge solar plant. What is next? The world is changing rapidly.