Tuesday, September 22, 2009

BrightSource Energy expands Nevada solar thermal project to 960 MW

BrightSource Energy, Inc., a leading developer of large-scale solar thermal power plants, announced today that it is expanding a land deal in Nevada that could enlarge the the project's potential to 960 megawatts, enough to power almost 500,000 homes.

BrightSource has reached a preliminary agreement with Nevada’s Coyote Springs Land Company™ to expand upon a previously-announced private land agreement in March 2009 to provide sites for up to 600 megawatts of solar thermal power.

The Coyote Springs project is part of BrightSource Energy’s strategy to develop 4 gigawatts of solar thermal power in California, Nevada, Arizona and New Mexico, including its first project located in Ivanpah, California. The Ivanpah project is in the final permitting stages with the California Energy Commission and the Bureau of Land Management, and is expected to begin construction in early 2010.

The size of the site has now expanded to include a twelve-square-mile area within the larger Coyote Springs development in Lincoln County. The site is located on private property near transmission lines and, as part of the broader development site, has already received environmental permits from the Bureau of Land Management, U.S. Fish and Wildlife and various other federal, state and county agencies. The power generated from the Coyote Springs site could meet demand generated in the Coyote Springs development, southern Nevada, as well as deliver power to California.

BrightSource Energy is the parent of Jerusalem, Israel-based BrightSource Industries Israel (BSII), formerly called Luz II. BSII performs R&D, production and project engineering for its California-based parent company.

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