* Insolvent Solar Millennium developed projects
* Plants can generate 1,000 MW and 500 MW of power
* Other development projects still to be sold
June 29 BrightSource Energy and NextEra
Energy Inc have bought two large solar power projects in
California from insolvent German renewable power company Solar
Solar Millennium said in a statement that the
projects were sold in an auction concluded at the end of June as
part of U.S. Chapter 11 insolvency proceedings.
Florida power company NextEra bought the planned
1,000-megawatt (MW) Blythe project and BrightSource bought the
planned 500-MKW Palen project. Both said they wanted to continue
with the projects in the near future, Solar Millennium said.
Officials at BrightSource and NextEra were not immediately
available for comment.
The auction generated $80 million dollars and the sales will
not be implemented until certain closing conditions have been
fulfilled, which is expected to be in July or August, Solar
An initial sale of the projects failed when the buyer,
Solarhybrid AG, another German solar power company, became
Solar Millennium said it was still looking for buyers for
its proposed 500-MW Amargosa solar power project in Nevada and
250-MW Ridgecrest solar power project in California.
In 2009, units of Solar Millennium and California oil
company Chevron Corp proposed the Blythe project in
Riverside County about 225 miles (362 km) east-southeast of Los
Angeles, according to the project filing on the California
Energy Commission website.
Blythe will have four 250-MW concentrated solar thermal
plants with a total capacity of 1,000 MW and will occupy about
Also in 2009, Solar Millennium and Chevron proposed the
Palen project in Riverside County about 175 miles east-southeast
of Los Angeles.
Palen will have two 250-MW concentrated solar thermal plants
with a total capacity of 500 MW. The developers sought a right
of way grant from the U.S. Bureau of Land Management of about
Solar Millennium also proposed the Ridgecrest project in
2009. The project is in the northern Mojave Desert in Kern
County, about 150 miles northeast of Los Angeles, according to
Ridgecrest will consist of a single 250-MW solar thermal
plant. The project will occupy about 1,440 acres.