Edison gives ESolar its first major power deal
By Tiffany Hsu, Los Angeles Times Staff Writer, June 4, 2008
Source: Los Angeles Times
http://www.latimes.com/business/la-fi-solar4-2008jun04,0,1575030.story
Southern California Edison said Tuesday that it agreed to buy 245 megawatts of power from solar plants to be built in the Antelope Valley by ESolar Inc., a unit of Pasadena-based business incubator Idealab. The plants, which are expected to begin operating in 2011, will provide enough electricity for about 160,000 homes, said Stuart Hemphill, the Rosemead utility’s vice president of renewable and alternative power. “We’re excited about the promise of solar,” Hemphill said. “It’s the great untapped resource of California.” (more…)