Law360, New York (November 02, 2011, 8:26 PM ET) -- Solar company SunPower Corp. will shut down the California Valley Solar Ranch — a 250-megawatt power plant guaranteed by a $1.2 billion federal loan — in no more than 50 years in order to settle a suit brought by two California community groups, the company said Wednesday.
Under the settlement, SunPower has agreed to decommission the San Luis Obispo County plant, backed by a U.S. Department of Energy loan guarantee, and restore the site's habitat in 50 years or as soon as the alternating current photovoltaic...
SunPower To Shut Down Solar Plant In Enviro Settlement
To view the full article, take a free trial now.
