10 Jun '11, 11am

Solar Developer Agile Energy Gets $24M More in VC Funding

The highest-profile project that Agile Energy is working on is a 50-megawatt solar project in Ohio with utility American Electric Power (NYSE: AEP). When completed, it will be one of the globe's largest photovoltaic (PV) projects and could hold the title for the largest PV project in the U.S. The project will likely use about 239,400 panels in the solar array. The project is named Turning Point Solar. It's actually 49.9 megawatts and will be built on 500 acres of reclaimed strip-mined land that was used by the Central Ohio Coal Company between 1969 and 1991. The project is early in its development so there are still missing pieces in terms of suppliers and financing. But the panel supplier is Isofoton , a Spanish firm that is setting up manufacturing facilities in the Buckeye State, creating hundreds of permanent manufacturing jobs. Ohio's advanced energy portfolio standar...

Full article: http://www.greentechmedia.com/articles/read/solar-develop...

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