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Thin-Film Solar Power To Be Sold For Less Than Coal Power

According to a Power Purchase Agreement (PPA) between El Paso Electric Company and First Solar, electricity will be sold from First Solar’s thin-film solar panels to El Paso Electric Company for 5.8 cents per kWh (a good 4-8 cents cheaper than new coal, which is in the 10-14 cents per kWh range).

The name of the power plant is Macho Springs Solar Park. It is located in New Mexico, and it has an electricity generation capacity of 50 MW.

Read the full story from Cleantechnica

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