Tuesday, June 25, 2013

The End of A Giant Solar Project in California

Sounds like this project was followed by trouble from the beginning.
K Road Power told the California Energy Commission in a letter that it no longer wanted to pursue the project “due to changed market conditions.”

The decision ended a torturous journey for a solar project that languished for some time before it lined up some development money and gained the energy commission’s approval in 2010. Its previous owner sold Calico to K Road shortly after. The Southern California Edison had signed a contract in 2005 to buy the electricity from Calico, but it canceled that contract just days before K Road announced it had bought Calico.

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